Tag Archives: spring statement

Lib Dems respond to the Spring Statement – Hammond ignores the Heffalump in the room

You know, I actually wrote Autumn Statement in the headline and had to change it. Old habits die hard. I’m so used to the Big Budget being in March and that ritual of having to go and fill up with petrol the night before in case the prices went up…

Anyway, here’s what Lib Dems have been saying about Philip Hammond’s statement, starting with Vince:

The Spring Statement was a non-event. The OECD gave us the clearer picture – that the economy is bumping along the bottom of the G20, well behind the likes of Australia, Canada and the Euro area.

The OBR’s fresh forecasts are still a long way behind the figures estimated in March 2016 before the EU referendum.

It is time the government was honest with the public: there will need to be tax increases to pay for the NHS and social care, police and schools.

This is why the Liberal Democrats have advocated a penny in the pound income tax increase for health and care and why we must scrap cuts in Capital Gains Tax and Inheritance Tax introduced since 2015.

Christine Jardine got a bit carried away with Winnie the Pooh metaphors:

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