South Thanet MP, Stephen ladyman, has welcomed today's budget statement describing it as a budget to secure recovery and grow jobs.
"The chancellor laid out a clear path to reduce the deficit that won't choke off a fragile recovery and will protect the services that we all rely on. This was vital because across Thanet and Dover there are too many people on low incomes and too many out of work and they are relying on the Government's efforts to support their families and get them back into work as soon as possible."
"David Cameron's response to the budget was vacuous. He ranted and raved but said not one iota about what he would do."
"This budget statement will secure our recovery and grow jobs. The Labour Government made the right choices during the recession and the Tories got every call wrong. We are right now and they are wrong now. We have to protect jobs, protect the recovery and protect families and that is what this budget does. It is good news for East Kent"
Note to editors:
Growth forecast:
* Growth is predicted at 1 to 1.5% for 2010.
* Borrowing will be £167bn this year - £11bn lower than the earlier forecast of £178bn.
* Debt will be £100bn lower by 2013/14 than predicted at last year's Budget.
* Inflation target set at 2% economy to grow at 3%.
Home Buyers:
Stamp duty threshold raise to £250,000 and stamp duty doubled for houses over £1m.
PENSIONERS:
* The Government is looking at scrapping the compulsory retirement age.
* The number of hours for the over 60s to qualify for working tax credits will be cut.
* The pensioners' higher winter fuel payment, brought in during the worst weather this winter, will continue into next year.
Young people:
* The guaranteed offer of work or training for those under 24 who are unemployed for more than six months will be extended until March 2012.
Personal taxes:
* Fuel duty rise planned for April will be staged over 12 months
BANKS:
* Everyone in the UK is to be guaranteed access to a bank account - extending the facility to more than a million people currently denied it.
* The UK to press for an internationally co-ordinated tax on banks.
* The Royal Bank of Scotland and Lloyds will lend £94bn to business - at least half to small and medium-sized firms.
* Setting up a Green Bank controlling £2bn of equity to focus on investing in greener, cleaner energy and transport - first on wind turbines.
No comments:
Post a Comment
Please note comments that may be libellous, comments that may be construed as offensive and anonymous derogatory comments about real people will be deleted. Also note the facility to leave anonymous comment will be turned of during periods when I am unable to monitor comment, this will not affect people commenting who are signed on to their blogger accounts.
Note: only a member of this blog may post a comment.