Chris Elmore, MP for Ogmore, has called on the UK Government to give Wales its fair share of funding after figures show that Ogmore families could be facing a £1040 a year hit on their finances.
Chancellor Rishi Sunak is set to hit families in Ogmore with a blow to their finances as he goes ahead with plans to cut Universal Credit by £20 per week at the Budget this week. With Britain in the grip of the worst economic crisis of any major economy, Chris Elmore, MP for Ogmore, is urging the Chancellor to change course to protect family finances and get Britain on the road to recovery.
The Chancellor’s plan to slash Universal Credit by £20 a week from April means 7,081 people in Ogmore will take a £1040 a year hit to their finances. Chris Elmore has condemned this blow to people’s pockets as totally irresponsible when the economy is so fragile, and is calling on the government to scrap its plans.
Chris is calling on the UK Government to sustain UK-wide business support, retaining the Job Retention Scheme and Self-Employed Income Support Scheme, deliver welfare and taxation measures to support the most vulnerable and provide an injection of funding to support the transition to Net Zero.
Chris Elmore, MP for Ogmore, said:
“This past year has been incredibly difficult for families across Ogmore, but at a time when they desperately need support the Chancellor is going ahead with plans to hit them with a cut to their household finances of £1040 a year.
“The £20 per week uplift to Universal Credit has been a crucial lifeline for thousands of families in Ogmore. Taking this away would have a damaging and long-lasting impact on so many people.
“When you compare and contrast the actions of the Welsh Labour Government with that of the UK Government, we see stark differences. In Wales, our government has implemented some of the most supportive measures of any nation in the UK for small and medium sized businesses. Be it Business Rate relief, new capital to help people start their own business or the ground-breaking Restrictions Business Fund Welsh Labour has been on the side of jobs and business. The UK Government must follow where Wales leads, only then can we move Wales forward.”