Hi

Lat week the Chancellor of the new Conservative government announced a series of measures described by commentators as ambitious, audacious and bold to stimulate the economy.

A better word would be shameful.

This morning Ian Stewart, Deloitte's senior economist wrote: "All taxpayers will gain from a lower basic rate of income tax and lower rates of National Insurance, but the gains will be greatest for higher income earners. According to the Resolution Foundation, two-thirds of the gains from the personal tax cuts will go to households in the top 20% of the income distribution and almost half go to the top 5%."

At a time when inequality and poverty are at record levels since the second World War, I feel ashamed that a government of my country would put more money into the pockets of the already well off at the expense of those in most need.

Whatever has gone wrong that some in the media, press and business actually applaud these measures?

Noel Guilford

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