In just over an hour’s time, Tim Farron makes his first major speech on the economy at the IPPR in London. We’ll have coverage of the whole thing later, but here are the key principles he’s setting out. He also sets out a challenge to Labour to support the Liberal Democrats in stopping the cuts to tax credits, not just putting in transitional relief which would do nothing to help new claimants on low pay. I suspect that the stuff on venture capitalism shows the influence of Susan Kramer and her professional knowledge in the field.
Here are some of the key points he will make:
The Liberal Democrat economic principles
So today I intend to set out the three principles that will govern Liberal Democrat economic policy for the next five years. They are:
Invest now in infrastructure
Back enterprise
Take the long view
It’s a clear prospectus – just ten words – but it sums up very simply where we need to take this country and how my vision for the future differs from those of George Osborne and Jeremy Corbyn.