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- Liberal Democrats table motion forcing Government to release analysis of potential Trump trade war
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GDP Figures: Government must see sense and scrap jobs tax
Responding to GDP growing by 0.1% in November, Liberal Democrat Treasury spokesperson Daisy Cooper MP said:
The Chancellor has put the handbrake on the economy with her misguided jobs tax and the consequence is this pitiful rate of growth.
Every month this persists means less money in struggling families pockets and public services without the funding they need.
After years of the Conservatives’ economic vandalism, the public was crying out for change but this new government is falling well short of fixing this mess.
Rachel Reeves needs to see sense and scrap her foolish jobs tax and pursue a real strategy for growth like fixing our broken trade relationship with our European partners and replacing the broken business rates system.
Liberal Democrats table motion forcing Government to release analysis of potential Trump trade war
The Liberal Democrats are tabling a ‘Humble Address’ motion which would force the Government to release its analysis of the potential impact of Trump tariffs on the UK economy.
It follows reports that the Government has conducted internal assessments of how a potential trade war with the US may hit the UK economy, but is refusing to publish them.
The Liberal Democrat motion will call urgently for the publication of all impact assessments conducted by the Government regarding the impact of Trump’s tariffs ahead of his inauguration on 20 January.
Humble Address motions have been successfully used in the past, including in 2017 when the Government was forced to publish an impact assessment of Brexit on the economy.
The new US administration’s purported plans may involve tariffs of up to 20 percent on UK exports, which could hit the UK economy by £22bn according to the research conducted at the University of Sussex.