Theresa May and George Osborne attack Rishi Sunak’s budget

Theresa May and George Osborne attack Rishi Sunak’s budget

Chancellor Rishi Sunak's spend now, tax later budget has come under attack from ex-prime minister Theresa May and former chancellor George Osborne.In a powerful intervention in the House of Commons, Mrs May launched a budget broadside and clashed with a newly-appointed cabinet minister who mocked her industrial policy.

And Mr Osborne, chancellor under Mrs May's predecessor David Cameron, criticised Mr Sunak's proposed hikes in corporation tax, claiming they would not make the UK appear enterprising or pro-business.

Mr Osborne said raising corporation tax was a mistake and claimed the chancellor would have raised VAT instead if the Conservatives' 2019 election manifesto had not ruled it out.Speaking on the final day of the five-day Commons debate on the budget, Mrs May accused Mr Sunak of neglecting aviation, innovation and research and development.

She also claimed lockdown measures had hit women