We need a budget that gives hope to Britain
17 Nov 2017
The Liberal Democrat leader, Vince Cable, has set out the alternative Liberal Democrat approach to the budget and the problems with the Conservative one.
A Liberal Democrat budget would commit to the following:
- Increase capital spending, particularly on transport infrastructure and large-scale housebuilding. Borrowing to finance productive investment at very low-interest rates is financially responsible and good for the economy.
- Put a penny on each pound included for income tax to raise £6bn a year for the NHS
- Introduce a lifelong learning endowment to enable every 18 year old to fund their own training and professional development
- Reform business tax and clampdown on tax havens; including through a public register of beneficial ownership for Overseas Territories
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