Tag Archives: Daily Press Releases

Daily Press Releases – 13th March 2019

Cable: Spring Statement a predictable ‘non-event’

Responding to the Chancellor’s Spring Statement in the House of Commons this afternoon, Leader of the Liberal Democrats Vince Cable said: 

 

“Brexit has crowded the usually significant Spring Statement out on to the margins of relevance, and the Chancellor has managed to make it even more of a non-event.

“Despite continuing austerity for most government departments and a violence epidemic on our streets, the Chancellor announced no meaningful new funding and failed to even confirm a date for the crucial upcoming Spending Review.

“There is little good news in Brexit Britain’s growth record either. While the Coalition Government left the UK one of the best performers among the world’s advanced economies, the OBR’s growth downgrade for this year confirms we are now one of the weakest.

“With interest rates already at rock-bottom, these will not be available to fight any future Brexit recession. The Chancellor is right to warn about the economic damage a no-deal Brexit would cause, but wrong to present his government’s deal as the only alternative.

“In truth the only real “dividend” on offer is that from remaining in the EU, by giving the public a People’s Vote on Brexit.”

ENDS

Posted in News and Op-eds | 1 Comment

6th March 2019 – Daily Press Releases and Top Lines

Press Releases

Cable: Catastrophic no-deal would push the economy into recession 

Commenting on the Organisation for Economic Cooperation and Development’s report into the implications for economic growth as a consequence of Brexit, Leader of the Liberal Democrats Vince Cable said:

“The economy has been bumping along the bottom in the wake of Brexit uncertainty. This analysis by the OECD, while focused on a slowing global economy, picks out the UK as one of the worst performers among developed countries due to our weakening economic growth and falling business investment.

“Not only have our growth forecasts for 2019 and 2020 been severely downgraded, but the OECD

Posted in News | 1 Comment
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