Ali Daw

News

Tory Inheritance Tax cut costs £6bn – Cable

Sunday, 02 May 2010

Liberal Democrat research has revealed why Tory leader David Cameron was so reluctant to discuss his party’s plans for Inheritance Tax in last week’s leaders’ debate. The analysis reveals that: * The Inheritance Tax pledge would cost £6bn over the course of the next Parliament * It is aimed at the wealthiest 0.8% of estates in the UK * Every year, 3,000 of the wealthiest estates in the country would each benefit by almost £250,000 Commenting, Liberal Democrat Shadow Chancellor Vince Cable said: “At a time when the gap between the richest and poorest is so great, it beggars belief that David Cameron wants to give the wealthiest estates a £6bn give away. “The Tories are showing where their priorities really lie. “This tax pledge is grossly unfair, only helps the wealthiest households and costs £6bn at a time when the public finances are in a perilous state. “A vote for David Cameron is not one for fairness and change. It’s a vote for more of the same. “Only the Liberal Democrats are fully committed to creating a fair tax system. We are the only party that stands for fairness and not division.”

The Sinday Times Rich List 2010 - the very small political alternative to the Sunday Time Rich List

Sunday, 02 May 2010

We've all heard of the Sunday Times Rich List, with billionaires becoming wealthier through the recession. Now, here is a rich list of the 31 richest people in politics and their political parties. The wealth is based on their estimated NET WORTH, including property assets. Enjoy.

QUICKFACTS

* At least TWO of every THREE of the Conservative Party's shadow ministers has a millionaire fortune, with most of them multimillionaires.
* If just David Cameron and George Osborne cashed in all their assets, it would be enough to pay for 1,372,000 goats to be donated to less fortunate families in third world countries OR it would be enough to pay for the building of up to 9,800 new classrooms in Africa, based on figures from Oxfam Unwrapped and Schools For Africa respectively.
* This is not a completely accurate list, but just a reflection of what many of these people are thought to be worth.

Bailed out banks shouldn’t whinge about tighter controls says Cable

Friday, 30 April 2010

“This is not the time for banks to be complaining about tighter regulatory controls, it is the time for them to be lending to good British businesses," said the Liberal Democrat Shadow Chancellor. Commenting on a leaked report from PriceWaterhouseCoopers on behalf of major banks warning that the impact of measures to tighten regulation of the banking sector risks a double-dip recession, Vince Cable said: “Given the scale of the bailout the financial sector has received from the taxpayer, this kind of scaremongering from the City is simply whingeing. “Most UK banks are now holding capital far in excess of regulatory requirements and continue to pay out huge bonuses while starving solid small and medium size businesses of credit. Banks need to understand that they cannot go back to business as usual. “This is not the time for banks to be complaining about tighter regulatory controls, it is the time for them to be lending to good British businesses to safeguard the recovery and safeguard people’s jobs.”

Nick Clegg's Closing Speech

Thursday, 29 April 2010

Most post-debate polls scored this final debate to David Cameron, but again put Nick Clegg clearly ahead of Gordon Brown. An analysis by pollsters Angus Reid of previously undecided voters who watched the debate gave Nick Clegg 37%, David Cameron 25%, Gordon Brown 22% and Not sure 16%. Angus Reid found that 32% of undecided voters say they are now more likely to vote for the Liberal Democrats after watching the final debate, with just 18% Conservative and 15% Labour. In his closing statement at the final leaders' debate, Liberal Democrat Leader Nick Clegg said: "Everything I've said during these three television debates is driven by my simple belief that if we do things differently this time, we can create a fairer, better Britain. "As you decide how to cast your vote, of course you'll be told by these two, that real change is dangerous, that it can't be done. "Don't let anyone scare you from following your instincts. Together next week we can change Britain for good. "Just think how many times you've been given lots of promises by these two old parties - only to discover when they get into Government that nothing really changes. "We can do so much better than that this time. "Of course I can't guarantee that every problem you face will be solved overnight. But I can guarantee that I will work tirelessly to deliver greater fairness for you. "Fairer taxes, so that you pay less but people at the top pay their fair share. "A fair start, smaller class sizes, for your children. "A different approach to the economy. "And open, decent politics which you can trust once again. "I believe all this can happen. This is your election. This is your country. "When you go to vote next week, choose the future you really want. If you believe like I do that we can do things differently this time, then together we will really change Britain. "Don't let anyone tell you it can't happen. It can. This time, you can make the difference."

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