May 7, 2024

Theresa May pledges end to austerity in Tory conference speech

Theresa May has made a bold pledge to bring a decade of austerity to a close, as she appealed to the public over the heads of her squabbling party to back her to deliver a Brexit deal and secure her own future.

Speaking in Birmingham on Wednesday at the end of the Conservatives’ annual conference, which was marred by repeated clashes over Europe, May cast aside the chancellor’s concerns about the health of the country’s finances and signalled Brexit would mark an end to public spending cuts.

Despite widespread speculation about her future, May also made several domestic policy announcements in an attempt to show she has not been blown off course by Brexit or noisy critics led by Boris Johnson.

They include:

  • Lifting the cap on local authorities borrowing to build new council homes.
  • Setting new targets for early cancer detection as part of a new “cancer strategy”.
  • Freezing fuel duty for the ninth consecutive year.

But her most eye-catching pledge was the promise to bring to an end the decade-long programme of spending cuts imposed after the banking bailouts.

“When we’ve secured a good Brexit deal for Britain, at the spending review next year we will set out our approach for the future,” she said. “A decade after the financial crash, people need to know that the austerity it led to is over and that their hard work has paid off.

“There must be no return to the uncontrolled borrowing of the past. No undoing all the progress of the last eight years. No taking Britain back to square one. But the British people need to know that the end is in sight. And our message to them must be this: we get it.”

For more read the full of article at The Guardian

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