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Labour hits back at Budget which ‘won’t be believed’

Labour hits back at Budget which ‘won’t be believed’

Labour leader Ed Miliband has said the chancellor George Osborne’s Budget is one which “simply won’t be believed”.

The leader of the opposition said he supported the changes to the personal allowance but that with tax “what he gives with one hand but takes far more away with the other”.

Mr Miliband claimed wages were down £1,600 and taxes were up. He claimed there had been 24 tax rises during the coalition government’s term.

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The Labour leader also said he suspected the Conservatives would raise VAT if they got into power.

There was also a claim from Mr Miliband that the Conservatives had not met the pledge they made when first elected.

He said the chancellor had been “re-writing history” because five years ago the Conservatives said they would “balance the books in five years, no ifs, no buts”.

“Today the chancellor comes along and boasts he has halved the deficit,” Mr Miliband said.

“[The prime minister] said half would be completely inadequate - it has gone from completely inadequate to a great triumph.”