Faced with a global recession and the worst financial crisis in 60 years, Britain was not prepared to let the recession take its course – and neither were we.

We chose to fight back with bold action to protect homes, jobs and businesses.

The action we took together cost money, but it is working - the rate of unemployment, business failures and home repossessions have been a lot lower than in the Tory recession of the 1990s.

Now we must build our economic future, using the potential of all British people, not just a few.

It would be a huge mistake to cut support while the economy is still recovering.

Fighting back against recession

• Unemployment is 450,000 lower than predicted at the time of the Budget – saving the taxpayer around £2 billion  

• The VAT cut and the tax cut for 22 million people helped families and businesses at a tough time

• The car scrappage scheme helped to sell over 300,000 cars and kept the car industry on its feet

With Labour...

We will continue supporting families and businesses, strengthening the recovery and promoting jobs. When growth is secured, we will halve the deficit over four years and we will do it fairly.   

Are the Tories a change you can afford?

• The Conservative plan for immediate cuts would choke off the recovery – leading to a decade of low growth and austerity.

• The Tories have shown where their real priorities lie by committing to an inheritance tax cut which would give £200,000 to each of the 3,000 richest estates in the country.
  
  

Back to A future fair for all >>>