Tuesday, December 6, 2011

Chancellor’s Autumn Statement: A budget for children, families and pensioners

The Chancellor's Autumn Statement supports families in Harlow, as it included a package of support including a freeze in fuel duty, a freeze in council tax and the extension of free childcare for two-year-olds.

This is a mini-Budget for children, motorists, businesses, and pensioners. It deals with Britain's debts, and will help to shield hard-working families in Harlow from the economic crisis that we face in Europe.

Many regular readers will know that I have campaigned for months, for a freeze in petrol duty. I welcome the fact that the Government has genuinely listened, and have now scrapped the 4p increase in fuel duty which had been planned for January 2012.

Harlow pensioners will also benefit, as they will see pensions increase by more than £5 a week next year: the highest cash rise in British history.

Details on how the Autumn Statement will help Harlow residents with the cost of living:

- Council tax freeze. The Conservative-led Government has extended its council tax freeze for a second year, saving residents up to £70 for the year on an average Band D Bill

- Keeping interest rates low. Interest rates will be kept low to help with the cost of a mortgage.

- Helping with the cost of commuting. The Government is putting in £105 million to limit the rise in rail fares.

- Cutting Fuel Duty. The Conservative-led Government has cancelled Labour’s fuel escalator and cut duty. This means that from April petrol duty will be a full 10 pence lower than it would been under Labour.

- Benefits will be increased with Inflation. Pensions and out-of-work benefits will be uprated in line with inflation in 2012: protecting the most vulnerable.

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