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The once and future chancellor(s) on the economy

Jeegar Kakkad April 28, 2010 13:24

A day after being slated by the IFS, the Darling, Cable and Osborne gave speeches on their economy policies and priorities.

Vince Cable was up first. With the Lib Dems rise in the polls, he's come in for some hard questioning recently, and their proposals focus on regulating the banks and personal tax issues.

Darling's was next and his speech focused on his experience as Chancellor - which an FT poll of City types labels as 'impressive' - and contrasting his record with what he calls the Tories "lack of judgement".

Despite being labelled as inexperienced by the City, Osborne is still the punters' favourite to become the next Chancellor - his focus is on regulating banks and corporate tax reforms. The challenge for Osborne is to ensure his tax proposols don't undermine manufacturing and a balanced economy.

What's EEF's view?

Like we said this morning - we need more from all the parties on their vision for the economy and how they intend to make it a reality.

Unfortunately, we've seen precious little detail to match the scale of the rhetoric coming from the parties.

 

Disclaimer
This is an informal blog about manufacturing and the economy written by EEF's policy and representation staff. While it is written from an EEF perspective, contributions should not be taken as formal statements of EEF policy, unless stated otherwise. Nor does it cover all the issues on which we campaign - you can check these out in more detail at our main site.

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About EEF

EEF helps manufacturing businesses evolve and compete.  We provide business services that make them more efficient and management intelligence that helps them plan.  Our work with government encourages policies that make it easy for them to operate, innovate and grow.

Find out more at www.eef.org.uk