AWARD-WINNING Scottish singer Amy Macdonald has blasted the Tory government for giving the UK a “constant merry-go-round of f****** s****”.

The Mr Rock & Roll singer, who grew up in Bishopbriggs, took to Twitter in the wake of Jeremy Hunt’s fiscal statement, in which he U-turned on almost all of the measures in his predecessor’s mini-budget and confirmed Austerity 2.0 is on its way.

In an effort to calm the turbulent markets, the new Chancellor announced that the two-year energy price cap for households will now be just six months long – with campaigners warning of a “cliff edge” for people and businesses in April, reports The National.

Glasgow Times: Jeremy Hunt

 

The measures – which also included ditching the 1p income tax for England – initially calmed investors who had been spooked by debt-funded tax cuts.

Macdonald, who has backed Scottish independence for years, took to social media to fume: “Brexit means Brexit. Which ultimately means this constant merry go round of f****** s****.”

Her anger came as financial experts warned the Government that simply U-turning on the disastrous mini budget wouldn’t be enough to regain trust from the markets.

Institute for Fiscal Studies director Paul Johnson said: “Fiscal credibility is hard won but easily lost. Today’s announcements won’t be enough by themselves to plug the gap in the Government’s fiscal plans.

“Nor will they be enough to undo the damage caused by the debacle of the last few weeks, but they are big, welcome, clear steps in the right direction.

“It is also encouraging that, with most of the tax cuts abandoned, perhaps the most growth-friendly of them, the stamp duty cut and the increased annual investment allowance for corporation tax, remain.”

He warned that “Jeremy Hunt will still have to make some scary decisions on tax and spend this Halloween and it remains hard to see where significant spending cuts could come from”.