Which party do you trust with the economy?

11:17 23 April 2015

Labour Party leader Ed Miliband has a selfie taken as he meets Labour supporters in Ipswich yesterday. Photo: Stefan Rousseau/PA Wire

Labour Party leader Ed Miliband has a selfie taken as he meets Labour supporters in Ipswich yesterday. Photo: Stefan Rousseau/PA Wire

Labour is accusing the Conservatives of planning the biggest spending cuts in any of the world’s advanced economies as the parties again prepare to trade blows on the economy.

With 14 days to polling day, David Cameron will seek to rally Tory supporters with a warning that they have two weeks to save Britain’s economy from an “SNP/Miliband nightmare”.

Chancellor George Osborne told The Daily Telegraph that a Treasury analysis had calculated that the SNP would add £6 billion to Britain’s debt interest payments. He said: “There’s a real cost for families of that. It’s equivalent to just over £350 per family.”

Ed Miliband will respond with a warning of his own that the scale of the cuts planned by the Conservatives for the first half of the new parliament is unprecedented in any three-year period since demobilisation at the end of the Second World War. He will tell a rally in Leeds that figures from that International Monetary Fund (IMF) show that they are greater than anywhere else among the world’s 33 advance economies.

The exchanges come as the independent experts at the Institute for Fiscal Studies prepare to deliver their analysis of the spending plans of the two main parties as well as the Liberal Democrats and the SNP.

Mr Cameron will say: “We’ve learnt from the polls that every vote is crucial. We need just 23 seats to stop the SNP/Miliband nightmare - one that would hit everyone in the pocket. We’ve got just two weeks to make our case: the case for a stronger economy and brighter future for Britain. Nothing less than the future of your family depends upon it.”

Mr Miliband will say that Mr Cameron’s promise of a return to the “good life” under the Conservatives was a “grand deception”: “The Tories are committed to the most extreme spending plans of any political party in generations. It is a plan so extreme that far from protecting the NHS they would end up cutting the NHS. It is a plan so extreme that it wouldn’t mean three years of the good life, it would mean three years of hard times.”

50 comments

  • Yep. Sure does. Miliband has done a whopping great u turn. 4 weeks ago he was not in favour of rent controls, then to get a few extra votes today, he changes his mind. I just hope no one is taken in by his denial that he won`t do a deal with the SNP to get into No10. Miliband is a total liability. Let`s see what the BBC do with this story. Not a lot I think as it shows their man in a particularly bad light.

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    BG

    Sunday, April 26, 2015

  • BuckStopsHere - here, here!

    Report this comment

    So_Many_Haters!

    Sunday, April 26, 2015

  • I think the headline ought to be, Who do you Trust. Certainly not Labour. 4 weeks ago Emma Reynolds Labour`s Shadow Housing Minister said on tele and I quote verbatim, " I promise that Labour don`t want to introduce rent controls, so please don`t believe everything you read in the newspapers." Fast forward to Sunday and what is Miliband proposing, rent controls. Anything for a few votes. What a PM he would make. "I used to be indecisive, but now I can`t make up my mind."

    Report this comment

    BG

    Sunday, April 26, 2015

  • Can Britain become the world's richest economy? Conservative Chancellor, George Osborne said yes. But Jo Johnson, Boris Johnson's brother and the author of the Conservative's 2015 manifesto, told me no. I've just published a blog about this: www.ukrichest.eyesears.com

    Report this comment

    JonDanzig

    Sunday, April 26, 2015

  • It's no longer about who will do the best for this country, it's about who is likely to do the least damage!

    Report this comment

    BuckStopsHere

    Sunday, April 26, 2015

  • I wouldn't trust Labour to run anything. They harp on about NHS Privatisation, while conveniently forgetting they introduced the disastrous and mega costly PPI hospitals, and privatised 4% themselves, while the Tories have only added another 1%. They moan about Tuition Fees being £9k a year while forgetting they actually introduced the whole concept! The £6k when introduced is about equivalent with inflation to the current £9k. They whinge about Camoron's record in Libya.... well, let's not start on about bLiar's dodgy dossier and what's happened in Iraq!! A bunch of hypocrites!

    Report this comment

    Norfolk and Good

    Sunday, April 26, 2015

  • If you want an economy that will work its simple, forget LabConLib and vote UKIP, get us out of Europe trade with the rest of the world freely will = more job's more growth and less red tape ... it;s not just hype its fact. The main 3 parties have had decades to sort the UK out but no, down and down we go same old lies and half truths but the media try and blind us because of vested interests staying in Europe not because its the best place to be, so they call us racists and other things which is far from the truth if you opened your eyes and looked. UKIP for a better GB not a better future just for the few.

    Report this comment

    Footieman

    Saturday, April 25, 2015

  • The insecurity of Archant is showing, three polls in the political sections aimed at its largely conservative readers, oh dear, what are they going to do? vote for the arrant Tories, or the red Tories?, or shiver me timbers, for the Green Party? Some commenter’s here seem to think its all about money, still, not about their or their children's future. Young voters want to know what their future holds in a stagnating system that is controlled by bankers and a stale establishment that does not like change unless its beneficial to them. They want proper apprenticeships, with companies that commit to a days schooling per week, a trade. An apprenticeship in a council does not set you up for life, learning to file, hide wasted monies, or use a photocopier is sadly not an apprenticeship. There are no progressive ideas emanating from the three main political parties, and Nigels pressure group has only got one aim, to leave our EU markets and say adieu to manufacturing multinationals. These polls are sound boards for the Tory effort and they are totally unrepresentative of the issues voters are keen on, despite the posts here.

    Report this comment

    ingo wagenknecht

    Saturday, April 25, 2015

  • Labour began the process of privatising the NHS with 4% of services in the private sector in 2010. Under the current government it's risen at an incredibly steep rate... to 5%. Look at Independent Sector Treatment Centres introduced in 2003. Look at Hinchingbrooke, where Labour pared down the list of potential companies to run it, by Feb 2010, to private companies only, then it failed.

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    So_Many_Haters!

    Saturday, April 25, 2015

  • DavidBrian equals undisputed drivel king. No one else comes close! What was the deficit left behind by Labour? Where was the economy going rapidly? What was the closest they came to meeting their own budget forecast? What did the IMF think of the mess left behind?

    Report this comment

    andy

    Friday, April 24, 2015

  • Or how about a poll on 'which party do you trust to use qualified teachers and give my children a better education?', or 'which party do you trust to look after the health service and not sell it off?', and again, which party do you trust to look after the rich and let them get away with paying as little as possible in taxes?'. Anyone with half a brain should be able to look into the long term history of the UK economy and see that the Tories have left an economic mess, rising unemployment (the UK figures are now 'entitled to jsa', incredibly different to the old method of counting unemployment), stagnating or falling gdp and the balance of payments defecit rising. Never mind though, there are still some strange commenters on here, and we all know the names, that will never let facts get in the way of some absolute drivel.

    Report this comment

    davidbrian56

    Friday, April 24, 2015

  • Simple facts: when the Tories and their political poodles came to power they promised that the deficit would be eliminated by the next election. Here we are and the deficit is £87bn. Why should anybody believe them now. It is a story of abject failure. Furthermore we have one of the worst productivity performance in developed countries. Furthermore we have the worst balance of payment deficits since records began. Furthermore we still have 1.8M unemployed. People are out of their mind to think the Tories are any good at running the economy!

    Report this comment

    patrick newman

    Friday, April 24, 2015

  • Peter Watson - Please tell me where in my comment I accused Labour of causing the global crash? Brown certainly did go on a binge selling our gold at half price, spending billions without getting value for money and creating benefit after benefit to such an extent that going to work for many did not pay. As for the nasty party as you call the tories. I am not usually one to stoop to name calling. I leave that to Labour party and their supporters. But after today`s outburst by Miliband, Michael Fallon was indeed spot on. Miliband is indeed a backstabbing whatsit.

    Report this comment

    BG

    Friday, April 24, 2015

  • Based on past experience the answer is that it is generally true the Conservatives have managed the economy better than Labour who have always been a tax, spend and borrow party. With regard to votes in parliament, the answer should be equally clear. For national matters all should have a vote. Equally if the rest of the country can not vote in Scottish matters, Scottish MPs should not be able to vote on matters not applicable to them. This should be the case no matter which country is involved - English, Scottish, Welsh or Irish.

    Report this comment

    andy

    Friday, April 24, 2015

  • Fair enough :-)

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    So_Many_Haters!

    Friday, April 24, 2015

  • @so_many_haters - I understand where you are coming from and I'm sorry to be a little pedantic but the question is "which party has the best plan for the UK's economy?" so the options ought to be UK wide. Or the question rephrased to "which party has the best plan for East Anglia or Norfolk's economy". Or simply between the two parties that have a large enough number of voters to form a government, in whatever form be that majority, minority or some form of coalition. This is a UK wide election so who wins seats 'nationally', in England only, doesn't really matter. The DUP, Sinn Fein, SNP and all the rest will all feature in the final shake up and in all likelihood the three parties just mentioned more prominently than the kippers and the greens. My opinion is that we either engage with the whole process across the entire UK or we stick to local politics. Both are fine but it can't be a little bit from here and a little bit from there.

    Report this comment

    rushallchap

    Friday, April 24, 2015

  • rushallchap - whilst not trying to endorse Arch.ant's editorial policy in any way, I can understand the logic. The listed parties are those that are expected to gain seats nationally. SNP, Sinn Fein, etc, are only standing in their areas of influence (i.e. Sinn Fein only in Northern Ireland, SNP only in Scotland, etc). Given that the EDP is supposed to be a local paper, they focused on the parties that are standing locally in the election. However, I'm happy to be corrected if you know of a Sinn Fein, SNP or Plaid Cymru candidate in Norfolk or Suffolk...

    Report this comment

    So_Many_Haters!

    Friday, April 24, 2015

  • @so_many_haters - fair point on the smaller parties, but the same can be said for the lib-dems, the kippers and the greens, so why are they there? There the snp are likely to be the third largest party in Westminster so should be an option in the poll. There is either fairness and parity or there isn't, in this case there isn't. But I suspect that the choices available say more about archants editorial policy than they do about the choice facing us in a couple of weeks time.

    Report this comment

    rushallchap

    Friday, April 24, 2015

  • @BG The former head of the Bank of England has confirmed Labour was not responsible for the crash.Many decent Conservatives of moderate unionist opinion find the heartlessness of the Tory party of English separatists unacceptable and they will no longer vote for this nasty, nasty party.

    Report this comment

    Peter Watson

    Friday, April 24, 2015

  • It would be interesting to see a further breakdown and analysis of the food bank numbers. For example, how many are people on long-term benefits or have just lost their job or homeless, etc. Are people using the food banks because they're available, and what did they do before the food banks came along? It's often said that if you build a road then the cars will come along to fill it, but could it be the same with the food banks? The numbers are increasing BECAUSE the food banks are there? Was there a demand before, but not filled because there wasn't the money or charity willing to set them up? As for the economy, I'm wary of Labour because they had opportunities to reduce the deficit while interest rates were low and times where booming, but instead spent like there was no tomorrow. The Tories have cut hard, too hard in some areas, to try and turn things around and the IMF now agrees with their approach. It's difficult to say if "spend to invest" would have worked because you;d have to have two identical economies running the two different approaches at the same time to see which was the best. As for "where are the minor parties in the poll?" - will the SNP have control of the economy of the UK (without being in a coalition)? Or Plaid Cymru, Sinn Fein, Respect, etc? No, so why should they be included in the poll?

    Report this comment

    So_Many_Haters!

    Friday, April 24, 2015

  • @catalonia - or the benefits claimant could get one of the millions of jobs we keep being told have been created. Something asylum seekers aren't allowed to do by law. So one lot is being forced to live below the poverty line and one lot aren't.

    Report this comment

    rushallchap

    Thursday, April 23, 2015

  • @milecross - did that idea come straight off the bnp website as well? I'm sorry but as your last lot of 'figures' came from the bnp website you no longer have any credibility any more. Night night

    Report this comment

    rushallchap

    Thursday, April 23, 2015

  • Milliband,No balls and Lefty Harriet,what a combination if these idiots get elected we are doomed!

    Report this comment

    dave123

    Thursday, April 23, 2015

  • Economy stupid.Britain on the up that is what has won every General Election since WW2. So it will continue party winning most seats? no brainer Conservatives good with money,good with working Economy.

    Report this comment

    PaulH

    Thursday, April 23, 2015

  • And just for you @Milecross, Chloe Smith's board on Drayton Road lasted about 12 hours. The Labour one opposite has been unmolested for over a week. Does that tell us anything? I doubt it:-)

    Report this comment

    el dingo

    Thursday, April 23, 2015

  • Peter Watson – As usual you have fallen for the left leaning BBC`s line on food banks hook, line and sinker. If you had taken the time to read the Trusell Trust food banks, whose aim it is to have a food bank in every town village and hamlet in this country you would have found a different picture. The headline that one million people are using their food banks is wrong because they are confusing the number of different people using their food banks in a year with the times they use food banks. They collect their data from the vouchers used by people referred to their food banks. If one voucher feeds a family of 4 people, that’s 4 instances. If the same family visit again next week, that’s another 4 instances. The Trussell Trust say that on average people needed two food bank vouchers annually, so the number of people using food banks is likely to be around half of the 1.1 million figure. At the very bottom of their press release the Trust admit admit  that on average 49 percent of foodbank users only needed one foodbank voucher in a year. They go on to say that In fact only 15 percent needed help more than three times in a year. Finally they admit that they cannot measure unique users on a national scale”. The “million” is not even a unique figure, it counts those who use foodbanks on more than once occasion twice. As for who I trust with the economy more than any other party. Taking into account their past record that has got to be the Tories. Labour have always been the party of tax and spend. The Tories have historically been the party to sort the out the mess Labour leave behind them. Tony Blair enjoyed the fruits of the Tories labours in the first two years of his premiership before Brown went on a binge. One would have thought people`s memories about Labour`s lamentable 13 years in power would have lasted a lot longer than they appear to have done.

    Report this comment

    BG

    Thursday, April 23, 2015

  • After reading all this I know why I stick to football. How do you know a politician is lying? His lips move. None of them care about real people 'cos they're all on big money with big connections and are big (insert your own word and add an 's'). Don't vote it only encourages them. No I'm not an anarchist but why do people get so wound up when anyone with a brain knows anything we vote for will be treated with total disdain by the rich and pushy. And if I see one more picture of Miliband...

    Report this comment

    el dingo

    Thursday, April 23, 2015

  • "asylum seekers continue to get £36.95 a week to eat, clothe and do everything else on " Whereas an unemployed person gets £72.40pw, out of that he has to do all the above AND pay bills; electricity, water, heating, TV licence, some council tax and even the bedroom tax for many

    Report this comment

    catalonia13

    Thursday, April 23, 2015

  • @rob44 yes osbourne did borrow huge amounts of money there is nobody to deny this . But why did he borrow this money . He had no choice . He had to sort out the mess left by labour . I rest my case , My only criticism is that he should be balancing the books by now and he hasn't done it

    Report this comment

    milecross

    Thursday, April 23, 2015

  • Rob, unemployment is dropping and we have the highest number of people in work ever! If Osborne had cut the the budget deficit quicker it may have caused bigger problems in the short term or are you advocating he should have imposed cuts of 150bn in his first budget? Don't forget that the IMF initially criticised him but subsequently agreed that Osborne had been right!

    Report this comment

    andy

    Thursday, April 23, 2015

  • It was Labour that left the country in a financial mess despite claiming to have abolished the bust part of the boom and bust. It also claimed that it was being financially prudent by only borrowing to invest whilst racking up massive debts and never hitting its budget forecast. Gordon Brown sold much of our gold at the bottom of the market having pre-announced what he was going to do! How daft was that? He then caused chaos at Lloyds Bank, previously very sound, by brokering a deal for them to take over HBOS. He then stood up in the House of Commons and said 'he had saved the world'! Milliband and B.alls were heavily involved in much of this. All the time in opposition these two have been making dire predictions about the economy and have been proved wrong all the time. Why on earth would anyone trust them with our economy?

    Report this comment

    andy

    Thursday, April 23, 2015

  • Wrong Blister - Osborne borrowed more money in the first 3 years of this parliament than Blir Brown did in 13. After 5 years Osborne has borrowed more than ALL the Labour chancellors collectively. The tories are the party of high unemployment and incompetence

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    Rob44

    Thursday, April 23, 2015

  • To correct one statement above, the so called charity that announced one million people using their food bank has been obliged to admit that their figure only refered to the number of food parcels handed out. There were in fact less than 500,000 people who benefited. That there so many people is hardly surprising if something free is being handed out.

    Report this comment

    andy

    Thursday, April 23, 2015

  • It beggars belief that people here will vote for the main two parties. What have they done in recent years. Get us deeper and deeper in debt. No one can believe a word they say on the economy. Just a bunch of liars. Yet they will continue to do the same things. I hope those deluded people here are the first to be affected by whats going to happen in the next few years. This country is in deep trouble.

    Report this comment

    sharky

    Thursday, April 23, 2015

  • The poll does not have the option, "None of the above". As these politicians only carry out the wishes of the Oligarchy, I would have to tick that box.

    Report this comment

    catharthis

    Thursday, April 23, 2015

  • Another hilarious wind up John.......keep 'em coming.

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    LARSON.E. WHIPSNADE

    Thursday, April 23, 2015

  • No one in this country ‘needs’ to go to a foodbank to live – spent all my (very generous) benefits on Sky TV, booze and tobacco … never mind, I can go an touch up the nice people at the foodbank for food for the rest of the week!

    Report this comment

    Norfolk John

    Thursday, April 23, 2015

  • @milcross Ukip and the Tories are 2 cheeks of the same ugly right wing backside.The DUP is the 3rd.

    Report this comment

    Peter Watson

    Thursday, April 23, 2015

  • Interesting response today from the Institute for Fiscal Studies (IFS) casting serious doubts regarding the Tories proposed cuts, what else are they not telling us?

    Report this comment

    Grey Fox

    Thursday, April 23, 2015

  • @milecross - The main issue is that they don't get the benefits that you claimed, ergo what you said was untrue. It is also apparent that you get your 'facts' from the brit,ish nat,ional party's website, which could hardly be claimed to be a bastion of reason and impartiality. To answer you 'point', although I'm not sure why I bother because you don't listen, asy,lum seekers continue to get £36.95 a week to eat, clothe and do everything else on because they are allowed to appeal the initial decision. Remember an asylum seeker isn't allowed to work so that is all they have, the money the receive puts them below the poverty line so they are hardly living it up. 1 in 4 refused applications is overturned at appeal. Those that are unsuccessful at that point are removed from the country.

    Report this comment

    rushallchap

    Thursday, April 23, 2015

  • @rushall The wonderful thing about the web is that you can quickly go to see who is right and who is wrong . The direct gov site does say that benefit will not be withdrawn if an asylum application is refused . This proves that sanctions for benefits are unfair and british people face discrimination from their own benefit system in favour of asylum seekers

    Report this comment

    milecross

    Thursday, April 23, 2015

  • blister , steely dan , milecross.......three in a row , you should at least leave a respectable gap. And whither " Ryan Bure " ?

    Report this comment

    LARSON.E. WHIPSNADE

    Thursday, April 23, 2015

  • @milecross Ukip offer no solutions to poverty and inequality just as the BNP offered no solutions for working people.It's important that the next government re-establishes the UK as an internationalist country.Ukip are more Tory than the Tories and their policies actually are only of benefit to their largest supporters in the wealthy middle-classes as the political wing of the Institute of Directors who favour a UK economy based on Estonia,all of which favours the rich, and part of an attempt by far-right GOP supporters to create a climate-denying European Tea Party.Nigel Farage is the Sarah Palin of the UK and peddles the same snake-oil.

    Report this comment

    Peter Watson

    Thursday, April 23, 2015

  • @milecross - I'm getting sick and tired correcting you. Asylum seekers do not get housing benefit they are housed, without choice, by central government. Usually this accommodation is either a detention centre or the worst quality vacant housing that no one else will live in. In terms of living benefits they get £36.95. That is straight from gov dot com. So what you have said is completely untrue. There is one website that agree's with your figures but that is the website of the brit,ish nat,ional party. Honestly, everyone I encourage you so go,ogle 'what benefits do asylum seekers get'. You'll get the government page and the 'facts' that milecross promotes. I'll leave you all to make up their own minds who is more trustworthy.

    Report this comment

    rushallchap

    Thursday, April 23, 2015

  • err, why doesn't the poll have all of the parties listed? Where is the SNP, Labour and Plaid Cymru not to mention all the rest. If you have minority parties like ukip and the greens then you should offer people the choice of all of the parties standing at the general election. Or is the cat out of the archant bag?

    Report this comment

    rushallchap

    Thursday, April 23, 2015

  • @peter watson you failed to mention that not all people face sanctions . If you are an asylum seeker and your case is refused you can still carry on claiming your housing and living benefits . Look it up on the government webpage direct gov . Many people in this country have to choose between eating or heating and thats why one million are on food handouts . Under labour councils were exposed for giving free gas and electric top up cards to asylum seekers . Do your elderly parents get that? . The system stinks of unfairness and those who just turn up and have paid nothing in to the system are better off than those who have worked all their lives and paid into the system

    Report this comment

    milecross

    Thursday, April 23, 2015

  • You will not have read this in the Tory press but yesterday it was announced that over 1 million people needed to go to a foodbank for food to live in this the 6th richest country in the world.Is this part of the Tories and LibDems "economic miracle" and how many million have to be starving in this country before the Tories and LibDems call it "success"? How many more of our citizens will have to die from their benefits being sanctioned before Cameron,IDS and Clegg call it "job done"?

    Report this comment

    Peter Watson

    Thursday, April 23, 2015

  • and this is the party who want to borrow more money . The greeks are demanding that they should not pay for past governments corruption and incompetence . Why should the british people pay the price for thirteen years of labour government

    Report this comment

    milecross

    Thursday, April 23, 2015

  • Agree with you Blister. We seem to go through a cycle where the Conservatives build a strong economy and Labour come back and destroy it. As you say it will be the same again - unless we can all emigrate to Scotland.

    Report this comment

    Steely Dan

    Thursday, April 23, 2015

  • Given that Labour left the country bankrupt at the end of their term of office plus gave up control of our boundaries so that millions of people arrived to take advantage of our NHS and benefit system, I would generally trust the Tories, Labour governments always result in high unemployment and a ruined economy it will be the same again when they get elected in two weeks time.

    Report this comment

    blister

    Thursday, April 23, 2015

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