Vince Cable responds to UK debt crisis

Vince Cable responds to UK debt crisis

Economics
Lib Dem victory over breathing space for debt. Liberal Democrat leader Vince Cable has said that the FCA figures revealing the extent of the British debt crisis exposes the weakness in the UK economy. The government has announced that it will be launching a consultation to explore the development of a way to provide individuals in debt with up to six weeks free from further interest, charges and enforcement action. Vince Cable and Liberal Democrats in the Lords have been calling on the government to take action to create a breathing space for indebtedness. Commenting Vince Cable, Leader of the Liberal Democrats, said: "It appears the government has heeded my calls to fulfil its own manifesto promise and introduce respite for those in severe debt. As our economy begins to…
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A Strong and Cable Budget?

A Strong and Cable Budget?

Economics
by Alistair Carmichael MP Budgets used to be spring events but that was before the man they call “Spreadsheet Phil” took the reins at the Treasury. Spring, however, is a time when people look forward with optimism as they leave the winter months behind them. It is a time we associate with growth and renewal. If you think about it, you can see why the Chancellor felt it would be more appropriate to give us his budgets in November. The months since the drastically ill-judged snap election in June have been difficult ones for the economy and the government. It tells you a lot about the current state of the Conservative Party that a man whom we used to see as being one of the biggest fiscal hawks in the…
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Lee Rowley on Fracking

Lee Rowley on Fracking

Economics, Environment
Remember when Tory MP for North East Derbyshire, Lee Rowley, tells local residents he opposes fracking, but said he wouldn't vote to ban it if it came to parliament? We do and so does that wafer thin majority he had to gain his seat. https://www.youtube.com/watch?v=hwNIP_fiY-U&t=3s We need to pressure our elected representatives to put our communities first - they should not be able to get away with this smoke and mirrors politics. #Working4You #BanFracking
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The Lib Dems: Real Economic Choices

The Lib Dems: Real Economic Choices

Economics
A long-term stable economy requires more than just discipline over spending. It requires us to invest in people, innovation and infrastructure in order to give our economy the opportunity to remain competitive for the future. The Conservatives have failed to take advantage of historically low interest rates to borrow for the investment that would create jobs now and prepare us and our economy for the future. Liberal Democrats will therefore commit to a responsible and realistic £100 billion package of additional infrastructure investment. This will prioritise: New direct spending on house-building to help build 300,000 homes a year by 2022. A programme of installing hyper-fast, fibre optic broadband across the UK. Capital investment in schools and hospitals to support capacity increases and modernisation. Significant investment in road and rail infrastructure,…
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2.5 million homes in fuel poverty is ‘shameful’ – Cllr David Hancock

2.5 million homes in fuel poverty is ‘shameful’ – Cllr David Hancock

Economics, Equality
11% of households in England, around 2.5 million homes, are in fuel poverty according to latest statistics, the biggest year on year increase since 2008. The Liberal Democrats have blasted this figure as ‘shameful’. The data, released today by the government, show that 2,502,000 million people are in fuel poverty. The average fuel poverty gap – between households’ energy bills and what they can afford to pay is £353. The Tories have also dumped a pledge to cap energy bills from the Queen’s Speech. The Prime Minister had pledged to cap bills for 17 million families on the worst-value energy tariffs, but the plan was missing from the Queen’s speech and No 10 would not confirm a cap would go ahead. The Liberal Democrats have long argued that the best…
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