Growth with Stability

Today the Chancellor will make a Statement, bringing forward measures from the Medium-Term Fiscal Plan to ensure sustainable public finances underpin our plan for economic growth.  

  • The government needs to and will act now to reassure the markets of our fiscal discipline and ensure our country’s economic stability to achieve economic growth.
  • That is why today the Chancellor will make a Statement in the House of Commons, bringing forward measures from the Medium-Term Fiscal Plan. 
  • Today’s Statement follows further conversations between the Prime Minister, the Chancellor and the Bank of England over the weekend to ensure sustainable public finances underpin economic growth.
  • The Chancellor will deliver the full Medium-Term Fiscal Plan to be published alongside a forecast from the independent Office for Budget Responsibility on 31 October.
  • The Conservatives will deliver the strong and sustained growth that can transform the prosperity of our country for generations to come.

Comments

Paul Holdsworth said…
An astonishingly inept, completely incompetent Tory PM has needlessly created massive economic INstability, and the fourth (!) Chancellor in four months has just reversed pretty much every one of the tax cuts that his predecessor (and your party leader) said were ESSENTIAL to deliver growth. Your party's in freefall, our household budgets are being battered by deep, deep stupidity at the top of our government, led by someone who was repeatedly warned that her plans for growth would NOT WORK and would harm family finances disastrously, but carried on anyway.
The Tories continue to trash this country with gross incompetence and INCREDIBLY stupid decision-making, and yet you carry on spouting guff headlined "Growth with Stability"!
When will you get it? When will you recognise that your party's reputation for economic competence has been totally destroyed, with the public as well as with the markets, and that continuing with the pretence that there's any chance whatever of 'Growth with Stability' with Truss (or whoever else you decide to impose on us) is zero?
Any sort of stability is only possible once we've removed this Tory Coalition of Chaos.
It's time for a General Election, and years in the wilderness for the idiots currently destroying our country.
8:42 am
Chris Whiteside said…
Welcome back, Paul
11:08 am
Chris Whiteside said…
The largest and most important part of the measures Liz Truss has announced was the energy Price Guarantee without which households were facing bills of up to £6,000 this winter.

That would have been completely intolerable, she was right to introduce the Energy Price Guarantee and I have not heard anyone suggest a credible and preferable alternative to it.

That measure will still be in place until April, although there is a review on how to support households with their energy bills from April onwards.

The PM has accepted that most of her other measures were, in her words, "trying to go too far, too fast" and has apologised - something I seem to recall it was one of your main complaints against her predecessor that he never properly did.

The new Chancellor is taking exactly the sort of measures people were yelling for last week and it is in the national interest to give them a chance to work. The individuals who are now yelling for a general election because the government is now doing what they were very recently calling for might be well advised to calm down.

One of the concerns raised by many people over the summer was the drift and uncertainty created by the leadership election, and the last thing Britain needs now would be a similar period of uncertainty whether created by another leadership election or by a general election.
11:21 am
Chris Whiteside said…
Reminder - I try to keep this blog suitable for a family audience, posts with swear words will generally not be published.
12:43 pm
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