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Britain in the relegation zone – letter from Vince Cable, Leader of the Liberal Democrats

by derekdeedman on 23 November, 2017

Dear Derek,

Today’s Budget saw the UK slip from the top of the growth league to deep into the relegation zone. 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.

And the Labour Party are little better and their support for Brexit makes their fantasy economics all the more unrealistic.

A Liberal Democrat budget would have looked very different today. Founded on a vision of a high-tech, high-skilled economy that is green, open and entrepreneurial.

We would invest £6bn per year in our NHS & Social Care system, paid for by a penny on income tax. And Lib Dems would kick-start the economy back to growth with productive investment of £100bn over ten years to build more homes and infrastructure for the next generation.

Today’s Budget reinforces our belief that Britain is better off in Europe. We are fighting to remain in the Single Market and the Customs Union, and to give the people a vote on the final Brexit deal.

As more facts emerge, the public must be given a chance to Exit from Brexit.

With warmest regards,

Vince

Vince Cable

Leader of the Liberal Democrats

PS: We’ve also put together 7 of the biggest failures in this budget in one handy article. You can read that here: www.libdems.org.uk/7-budget-failures. You can also find out more about Liberal Democrat reaction to the budget here: www.libdems.org.uk/news

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