The Chancellor announced yesterday that he is abolishing the 55 per cent tax on pension pots. Backing savers is a key part of our long-term economic plan to build a stronger, healthier economy and secure a better future for Britain. So we will abolish the 55 per cent tax on pension pots. From April 2015… Read more

Continue to seek to balance the economy. Scrap HS2 to fund other projects. Continue to invest in other infrastructure including roads, rail and broadband. Seek to lower personal and corporate tax when ever possible. Simplify tax structure. Keep the minimum wage at the current rate but inflate in line with inflation. Take those on minimum… Read more

In his speech today Ed Miliband will promise to increase spending on the NHS in England with funding from a tax on homes worth more than £2 million. You can’t fund the NHS if you bankrupt the economy as the last Labour Government did. The Conservatives are proud to have increased NHS spending by far… Read more

Business groups have criticised Labour’s minimum wage target for 2020 – arguing it politicises the process rather than leaving it in the hands of experts. The Conservatives are already delivering the first above-inflation Minimum Wage rise since Labour’s Great Recession began, something we can only afford because our long-term economic plan is working. Nobody will… Read more

Ed Balls is speaking at the Labour Party’s conference today. He will make over £17 billion worth of spending promises- while outlining cuts that are just a fraction of that. This speech isn’t a serious plan for the economy – Labour would put the deficit up, not down. The savings outlined on ministerial pay only… Read more

The Centre for Policy Studies have said today that Labour’s tax plans could lead to the loss of over 300,000 jobs. This report is further evidence of the damage that Labour’s tax plans would inflict on Britain. Whether it’s a hike in corporation tax or a tax on the family home, a Labour government would… Read more