Commenting on the Chancellor’s Budget, Labour’s London Assembly Economic Spokesperson Fiona Twycross AM said:
“This is a classic sleight of hand from the Chancellor. Whilst increases in the minimum wage may sound positive, when coupled with significant cuts in tax credits, many low income families could well be left worse off. The higher cost of living in the capital means many Londoners will still fall short of what they need to live.
“The Chancellor’s reiterated support for investment in London’s much needed transport infrastructure is welcome, however his lack of ambition on house building will leave the capital’s already acute housing crisis to worsen.”