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Sutton Borough Liberal DemocratsWorking for you all year round
Beddington, Belmont, Carshalton, Cheam, Clockhouse, Nonsuch, St Helier, Stonecot, Sutton, The Wrythe, Wallington and Worcester Park. |
Economy
June 21, 2011 2:56 PM
People today are struggling with spiralling debts, rising food and energy bills and unaffordable mortgages. A decade of complacency by the previous Government has meant plummeting house prices, falling growth, rising inflation and rising unemployment.
We want to offer real help to the millions of families trying to make ends meet, so we will get wasteful government spending under control and give the economy a boost by cutting taxes for people from the bottom up. We will also crack down on big business and the super rich who exploit tax loopholes and do not pay their fair share. We want to strengthen the economy by requiring the Bank of England to take house prices into account when setting interest rates and we will effectively regulate the banking system to prevent irresponsible lending and business practices.