Nick Clegg reveals Lib Dem Budget plans to 'cut less than Tories, borrow less than Labour'
NICK CLEGG will reveal today how the Lib Dems plan to balance Britain’s budget using “heart as well as brain”.
The ideas include raising £200million by abolishing the Tories’ shares-for-rights scheme, placing greater restrictions on capital gains tax exemptions, capping working age benefits at one per cent for two years and removing the winter fuel payment and free TV licences from pensioners paying higher-rate tax.
The Lib Dem leader was also expected to outline his party’s key priorities including further income tax cuts and investing in the NHS.
He was expected to say today: “We have a plan to build a stronger economy and a fairer society, which means we will cut less than the Conservatives and borrow less than Labour… to protect our economy and invest in schools, hospitals and public services... a plan with a heart as well as a brain.”
