Thursday 11 March 2010

Darling Has Labour's Priorities Right.

The Chancellor, Alastair Darling today set out Labour's priorities for this month's Budget, the last before the General Election.

He has said that it will not be a give-away Budget, designed to win last-minute support from voters before they head for the polls. At the same time, by promising to spend what is necessary to protect jobs, Mr Darling has shown that he will continue to make the right decisions to get us through the recession.

He is absolutely right to keep hammering home the point that, if the Conservatives do win power in the next few weeks, their promise to cut public spending immediately will ultimately tip Britain back into recession. We must not allow that to happen.

Mr Darling is making very sensible decisions on the British Economy and it is also very reassuring to hear from Liam Byrne, the Chief Secretary to the Treasury, that tax increases will not be necessary this year to achieve the halving of the decifit. This is thanks to the prudence exercised by the Chancellor in last year's pre-Budge report.

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