Liberal Democrats propose Economic Recovery Plan

Gordon Brown’s proposals to deal with the economic slowdown are too little too late. The Liberal Democrats have published their own package of proposals designed to help people left struggling by the credit crunch. The measures include tax cuts for low and middle income households, stopping unnecessary repossessions, action to cut energy bills and moves to stop reckless banks jeopardising economic security.

Key points of the Lib Dem Fairer Future Economic Recovery Plan

1. Put more money in people’s pockets - tax cuts for people on low and middle incomes

2. Stop unnecessary home repossessions and provide more affordable housing

3. Make energy companies reinvest their windfall profits in cutting bills

4. Extra help for people in debt or who lose their jobs

5. Tough new rules to limit the excesses of the City