How far apart are the Conservatives and Liberal Democrats on fiscal policy: could the coalition renew its vows?

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Recently we looked at the degree of potential overlap between Labour and Liberal Democrat fiscal plans, and found that the parties are not as far apart as might first be assumed. In this second note, we consider the relative positions of the Conservatives and Liberal Democrats. The Conservative goal appears relatively straightforward: they want to … Continued

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Could Labour and the Liberal Democrats agree on deficit reduction and spending cuts?

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At first glance How much of a difference is there between Labour and the Liberal Democrats on fiscal policy (we’ll consider the gap between other parties in future briefings)? Labour’s policy is to get “the current budget into surplus and national debt falling as soon as possible within the next Parliament” – ‘current’ meaning excluding … Continued

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The Budget contains little to excite those on middle incomes

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Despite the talk of letting people keep more of what they earn and what they save, today’s budget contained little to excite those on low to middle incomes. The government’s policy of increasing the income tax personal allowance above inflation has consistently been sold as a low-earner tax cut. But in reality, today’s announcement of … Continued

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