Labour attack Tory economic policy
Tuesday, April 12, 2005
Conservative Party manifesto, launched earlier today, has been criticised by opponents as being unrealistic.— The
The pledge of £35 billion of savings from "government slimlining", and subsequent tax cuts, has been attacked by Labour and the Liberal Democrats. The Conservatives plan to continue funding front-line services at the current rate by relying on economic growth to make up the difference.
Labour described the plans as "a complete economic mess", the current Chancellor, Gordon Brown claiming there would be a shortfall of "£18.9bn in year one, £18.5bn in year two and £14.4bn in year three." Labour leader Tony Blair claimed that the Labour and the Conservatives economic roles had reversed since the 1980s, when many had lost faith in Labour's ability to handle the economy.
The deputy leader of the Liberal Democrats, Sir Menzies Campbell, claimed that £5.5 to 8 billion of cuts were unrealistic.
Labour's manifesto is launched tomorrow, and the Liberal Democrats launch theirs on Thursday. Conservative shadow Chancellor Oliver Letwin has already criticised Gordon Brown's budget of March this year, claiming it will create an £11bn shortfall.
Latest in this section
- UK Conservative Party loses two seats in by-elections, retains former PM Johnson's
- Wales: Final undecided legislators decline to run for Plaid Cymru party leader, leaving Rhun ap Iorwerth unopposed
- Sinn Féin becomes largest party in Northern Ireland local government after 2023 elections
- Labour becomes largest party in UK local government after 2023 English elections
- Wikinews interviews Neil Manson, SDP candidate for 2021 Airdrie and Shotts by-election in Scotland
- "Labour attack Tory economic plan" — , April 12, 2005
- Matthew Tempest. "Labour attacks Tory 'economic mess'" — , April 12, 2005