Woodward hits out at VAT hike

Shaun Woodward MP
Shaun Woodward MP

SHAUN Woodward has slammed the coalition government for increasing VAT to 20 per cent.

The MP for St Helens South and Whiston said local families would be “hit hard” by the tax hike, which was enforced nationwide last Tuesday (January 4).

Mr Woodward, the shadow Northern Ireland Secretary, also said that the VAT rise would have a negative impact on the local economy and, in particular, on jobs and small businesses.

He said: “A higher cost of living is the last thing that families and pensioners in St Helens need right now.”

Mr Woodward added: “The Government’s whole approach to reducing the deficit is to make people pay who can least afford to do so, while letting the banks off lightly. Yes, the deficit must be reduced but the Government is asking families and pensioners to pay the heaviest price for a crisis that was caused in the banks.”