After u-turns under pressure on petrol, pasties, caravans, churches and charities, I am asking for three more u-turns this week from the Government.
With Britain in a double-dip recession, long-term unemployment at a 17-year high and borrowing going up not down, it’s clear that the Government’s economic plan is now failing. That is why, first of all, we need a u-turn on the Government’s failed economic policies and to urgently put in place a plan for jobs and growth – including a bankers’ bonus tax to fund youth jobs.
Second, we need a u-turn on the tax cut for millionaires, so that in tough times the richest pay their fair share. Thirdly, we need a u-turn on the ‘granny tax’ so that pensioners aren’t unfairly hit – paying more while the highest earners pay less.
It is unfortunate that the Government voted down amendments on these issues in the House of Commons last week.