The call comes as the pound plummets to a record low against the dollar, which risks leading to rising food and petrol prices and spiking mortgage interest rates.
The Liberal Democrats are demanding Parliament to be recalled this week, so the urgent action can be taken to address the unfolding disaster. They’re also calling for a tougher windfall tax on oil and gas giants to help people and businesses with their bills, and new investment in local health services.
Liberal Democrat Group Leader on Milton Keynes City Council, Councillor Robin Bradburn, said:
“The Chancellor’s out of touch and shambolic budget has been exposed as a reckless gamble. The Conservatives are giving huge unfunded tax cuts to the banks, while neglecting local health services and hammering ordinary people with years of tax hikes.
“Not enough is being done by the Government to help families in Milton Keynes who are struggling and worried about being landed with higher bills, higher taxes, and higher mortgage payments thanks to the government’s incompetence.”