Liberal Democrats in Business

News and views from the Lib Dem Trade and Industry Team, Vince Cable and Brian Cotter

Trust Must Be Restored In Fiscal Policy

9.00.00am GMT Fri 5th Nov 2004

Commenting on reports by PriceWaterhouseCoopers that Gordon Brown is in danger of breaking his 'golden economic rule', Liberal Democrat Shadow Chancellor, Dr Vince Cable MP, said: "This report adds to the growing scepticism that Gordon Brown will fail to meet his 'golden rule'.

"The Chancellor's failure to acknowledge a drift in fiscal policy or any possible fudging is likely to lead to further distrust of the Government.

"The Liberal Democrats are proposing that the Chancellor allows a modest degree of independent scrutiny in fiscal policy to ensure that credibility is maintained."

[Print this story]
[Previous story]: Banks Must Stop Fuelling The Borrowing Boom - Cable (Tue 2nd Nov 2004).
[Next story]: Tory Tax Cuts Are Empty Promises (Tue 9th Nov 2004).
[Other news stories from November 2004 (15)]

Related News Stories:

Fri 29th Oct 2004:

Printed and hosted by Prater Raines Partners, 16 Riviera Court, Sandgate High Street, Folkestone CT20 3RP.
Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB.
The views expressed are those of the party, not of the service provider.