George Eustice welcomes Autumn Budget

The Autumn Budget included good news for Cornwall. Unemployment is at its lowest level since 1975, and here in Camborne, Redruth and Hayle, unemployment has almost halved since 2010. The National Living Wage is up by 4.4 percent, and more people on low incomes have been taken out of tax altogether.

The Government is also abolishing Stamp Duty for first time buyers, and local businesses will benefit from a business rates package.

Meanwhile, on the NHS, the Chancellor has announced £6.3 Billion of additional funding for frontline NHS services and upgrades to NHS buildings and facilities. Elsewhere, the freeze on fuel duty will continue, and the Government has committed to cut down on single-use plastics. The Chancellor also announced £36,000 of Libor funding for the Cornwall Air Ambulance.

George said: “This is a positive Budget. The National Living wage is up by 4.4 percent; more people on low incomes have been taken out of tax altogether; new money to help our NHS, fuel duty frozen again; more money to help small firms and business rates and a major focus on improving incomes and productivity. We have a strong economy and public finances are improving”.