Tag Archives: public sector pay

Autumn Budget – what our Spokespeople say

The Lib Dems have been hot off the mark with what this Autumn Budget doesn’t do.  Here are 7 failures.

And leading Lib Dems have been speaking out about what the budget really means:

Leader of the Lib Dems Vince Cable MP says

Each person in Britain is set to be £687 worse off per year compared to forecasts before the election.

And as living standards are squeezed, the Government is setting aside £3.7bn to cover the cost of a ‘no deal’ Brexit.

The Chancellor found more money in the Budget to plan for Brexit than he did for our struggling NHS, schools and police.

Liberal

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Economic Implications of Autumn Budget

Liberal Democrat Brexit Spokesperson Tom Brake commented:

“Instead of a bright future for Britain, Conservative plans will see a £65bn hit to tax receipts, slashed wages and higher borrowing.

The Government found £3bn to spend on Brexit, but nothing for our police or social care.

The Chancellor has completely failed to show the ambition needed to tackle the housing crisis, build the infrastructure the country needs or fix Universal Credit.”

And here is the breakdown of the economic costs:

1. £65bn hit to tax receipts: Tax receipts have been downgraded by £65.4 billion over the five-year period compare to …

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Cable: Hammond’s position on public sector pay unsustainable

Chancellor Philip Hammond was quite happy to tell Andrew Marr that his Cabinet colleagues didn’t trust him on Brexit, but not so quick to deny that he’d said that public sector workers were overpaid. Our shadow Chancellor and almost leader Vince Cable had this to say:

I am very surprised by Philip Hammond’s reported comment the public sector workers are “overpaid”. Who exactly is he talking about? Nurses? Teachers? Police officers? Servicemen and women?

There is very clear evidence of chronic shortages and recruitment difficulty in many of our essential services. Basic economics, let alone wider ideas of fairness suggests that Hammond’s position is totally unsustainable.

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Recent Comments

  • User AvatarKatharine Pindar 24th Feb - 2:19am
    @Roland. Consultation Paper 134 on Tuition Fees does not, of course, represent party policy, which is yet to be decided by Conference, probably next September....
  • User AvatarJoe Bourke 24th Feb - 12:28am
    Roland, Predictions are difficult to make, especially about the future - so goes the quip. Keynes in the 1920s predicted that productivity and incomes would...
  • User AvatarJoe Bourke 24th Feb - 12:11am
    Peter, to be fair to the associate professor he does not claim that the UK will face insolvency. His argument is "the falling pound and...
  • User AvatarPeter Martin 23rd Feb - 11:22pm
    @ Micheal BG, "bigger government deficits will bigger government deficits will everything else being equal produce a bigger economy in that economy produce a bigger...
  • User AvatarRoland 23rd Feb - 11:09pm
    @Joe Burke - "The conclusion notes “Keynes believed that aggregate real income would continue to increase as more and more capital is accumulated. This increase...
  • User AvatarMichael BG 23rd Feb - 11:05pm
    @ David Raw When someone makes an incorrect statement even if it is off topic others should rebut it. Like Laurence Cox did with me....