19 September 2023 – today’s press releases

  • OECD Report: UK economy is “stuck in the slow lane”
  • Revealed: Truss taxpayer handouts now reach over £40k
  • Sunak has failed to embrace the industries of the future

OECD Report: UK economy is “stuck in the slow lane”

Responding to the lastest OECD report, Liberal Democrat Spokesperson for Treasury and Business Spokesperson Sarah Olney MP said:

This damning report shows that under the Conservatives, the UK economy is stuck in the slow lane. We’ve had zero apology from Liz Truss for trashing the economy, and now zero plan from Rishi Sunak to fix it.

It’s time for a proper plan to grow the economy and tackle the cost of living. That means boosting apprenticeships to tackle skills shortages and helping exporters by fixing the government’s botched trade deal with Europe.

Revealed: Truss taxpayer handouts now reach over £40k

The Liberal Democrats have revealed that taxpayer handouts to ex-PM Liz Truss have already topped £40,000.

In 2022, Liz Truss was paid £18,660 in severance pay for her failed tenure as Prime Minister. New figures released today in the Cabinet Office annual report show that Liz Truss also claimed £23,310 from her resignation in November 2022 until March 2023 from the ex-PM Public Duty Cost Allowance fund.

The ex-Prime Minister allowance fund allows former Prime Ministers to claim up to £115,000 a year from the taxpayer.

This weekend, Liberal Democrats will debate proposals to remove Liz Truss’s access to the ex-Prime Minister allowance fund.

Liberal Democrats Cabinet Office spokesperson Christine Jardine MP commented:

It’s an outrage that while families struggle to pay their bills and put food on the table, Liz Truss profits from her own failure.

If Liz Truss wants to cut tax she should lead by example and stop taking hardworking British taxpayers for a ride by claiming handouts.

The British public will never forgive this shambolic Conservative government. Conservative ministers crashed the economy with all their chaos, and then were rewarded for it. It is time for Rishi Sunak to do the right thing and stop Liz Truss from claiming taxpayers’ cash from the ex-PM fund.

Sunak has failed to embrace the industries of the future

Responding to the news that Rishi Sunak is considering weakening key clean energy policies, Liberal Democrat Climate and Energy spokesperson, Wera Hobhouse MP said:

What Rishi Sunak should see infront of him is the opportunity to embrace the industries of the future and protect the coming generations from the catastrophic impacts of climate change.

Instead, he has cowered to the delayers and deniers like the disgraced Liz Truss and adopted wholesale their policies.

This Conservative Government has done nothing but damage our nation and this would be the most destructive move yet.

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One Comment

  • Peter Martin 20th Sep '23 - 8:48am

    It’s time for a proper plan to grow the economy …..

    It is, but I haven’t seen anything like a “proper plan” from any political party.

    That means boosting apprenticeships to tackle skills shortages…..

    Good idea. But we need a few more good ideas too. This won’t be enough on its own.

    …. and helping exporters by fixing the government’s botched trade deal with Europe.

    If you’re looking for more exports, the EU is probably not the best market. EU countries tend to be either highly mercantilistic (the German model) which means they’ll always want to run large export surplus – almost as a matter of national pride. Alternatively they (eg Italy) are in a state of near permanent recession and have even more growth problems than we do and just don’t have the spending power.

    Consequently our trade with the EU was (in 2017) in deficit by £67 bn , whereas our trade with the ROW was in surplus by £41 bn. The wiki page probably needs a update but the picture won’t be any different now.

    https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_United_Kingdom

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