Tag Archives: ethics advisor

16 November 2022 – today’s press releases

  • Inflation stats: Families struggling to get by because of Government’s inaction and incompetence
  • Raab: Ethics advisor must be appointed to stop a whitewash report
  • Raab investigation: “another Conservative stitch up”

Inflation stats: Families struggling to get by because of Government’s inaction and incompetence

Responding to the latest ONS figures showing inflation has reached 11.1%, Liberal Democrat Treasury spokesperson Sarah Olney said:

This Government’s biggest economic failure has been their disastrous attempts to get inflation down. Families are now struggling to get by because of this Government’s inaction and incompetence on spiraling prices.

After inflicting so much chaos, the latest Conservative Chancellor is now expecting the public to clean up their mess with grossly unfair tax rises. Our crumbling hospitals and run down classrooms are on the brink of savage cuts all because the Conservative party crashed the economy to fund tax cuts for the richest companies. The country will never forgive them for this.

This week Jeremy Hunt should target the oil firms and banks making bumper profits to fill the blackhole in Britain’s finances, rather than inflicting more pain and misery on struggling households.

Posted in News and Press releases | Also tagged , , , and | 1 Comment

25 September 2022 – today’s press releases

  • Families facing £290 tax hike next year despite 1p cut, new analysis reveals
  • Kwarteng’s budget “staggeringly out of touch”
  • Mark Fullbrook saga: We need an urgent investigation into conflicts of interest

Families facing £290 tax hike next year despite 1p cut, new analysis reveals

A typical family will see their taxes hiked by £290 next year despite the 1p tax cut, new research by the Liberal Democrats has revealed, while top bankers are handed a tax giveaway of over £100,000.

It comes as analysis shows the total tax hit from the Conservative government’s freeze on income tax thresholds is now set to reach £32.4 billion over the next two years – £6.5 billion more than previously expected. The figures are based on an update of the OBR’s previous forecasts undertaken by the House of Commons Library, taking into account soaring inflation.

Liberal Democrat research shows a household with two adults paid the median salary of £31,876 will pay an additional £290 in income tax next year as a result of the freeze, despite the basic rate being reduced from 20% to 19%. This tax bill will rise to £590 by 2024-25, due to the tax threshold remaining frozen as inflation goes even higher.

A teacher on a starting salary of £25,700 will see their taxes rise by £121 next year (2023/24), once the freeze of the income tax threshold is taken into account, while an NHS nurse will see a £107 rise.

Meanwhile, a top banker earning £2.5 million will see a tax cut of over £117,000. It means the Conservative government’s tax giveaway to one top-earning banker would be enough to cancel the tax hike for over 1,000 nurses.

Liberal Democrat Leader Ed Davey said:

It is staggeringly unfair that this Conservative government is hiking taxes on struggling families while giving big businesses and banks a massive tax giveaway.

Cutting taxes for the most wealthy while hammering ordinary people with years of stealth taxes shows just how out of touch this government has become.

The facts are clear: Liz Truss and the Conservatives are only cutting taxes for the few, while millions of people will pay more.

Kwarteng’s budget “staggeringly out of touch”

Responding to Kwasi Kwarteng’s performance on Sunday with Laura Kuenssberg, Liberal Democrat Treasury Spokesperson Sarah Olney MP said:

Kwasi Kwarteng and this Conservative Government are staggeringly out of touch. He showed in his budget that banks and billionaires come first, while families and pensioners come last.

This Government has shown its true colours, making regular people pay in the long run for their economic vandalism. Now, they must cancel recess and allow Parliament to have a say on these shambolic plans.

Posted in News and Press releases | Also tagged , , , and | 7 Comments

Paddington Bear for ethics adviser after Geidt goes?

Wendy Chamberlain was being ironic last night when she said the only person who would now take on the job of ethic adviser to Boris Johnson’s government would be Paddington.

Last night, Lord Geidt’s resignation was a bit of a mystery. It was known that he was unhappy in his role because of the antics of the prime minister, Boris Johnson, who is his boss. Geidt had an uncomfortable session on Tuesday when he told the public administration and constitutional affairs committee it was reasonable to suggest the prime minister may have breached the ministerial code when he was fined during the Partygate scandal.

Today, we have the full correspondence between Lord Geidt and Boris Johnson. In his resignation letter, Geidt said he was being asked to judge on Johnson’s intention to risk a “purposeful and deliberate breach of the ministerial code” and he was not prepared to do that.

Posted in Op-eds | Also tagged , and | 4 Comments
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