Today I presented my first Pre Budget Report (PBR) and the conclusions of the Comprehensive Spending Review (CSR) called Meeting the aspirations of the British people . Thanks to ten years of a Labour Government, we have seen many people supported in realising their potential. By maintaining a strong and stable economy we have been able to invest in our public services after years of underinvestment. It has also meant that we have been able to meet the challenges of global financial market instability. PBR CSR 2007 sets out how Labour is responding to the aspirations of every person in this country. There are new commitments for people of all age groups and in all parts of the country. As result of our economic management we can meet both our fiscal rules and invest more – £2 billion in 2010 more than proposed at the Budget. The Tories could spend this £2 billion to raising the Inheritance tax threshold, promising £1bn for the estates worth more than £950,000, the top 1 per cent. Instead, Labour has decided to invest that £2 billion: Helping to build an extra primary school in every local area by 2010. And in health when, added to its budget, it will deliver over 20 new hospitals, 150 new walk-in centres open 7 days a week, 100 new GP practices and aim to ensure a regular check up for every adult by the NHS – improving the quality of patient care across the country. Our choice: investment in schools and hospitals for all of the British people. If you would like to find out more about what we have announced today, click here to visit the HM Treasury website and click here to read my statement to the House. If you have a question or a point you would like to raise, click here to put your question to Labour’s Chief Secretary to the Treasury Andy Burnham. Best wishes Alistair Darling MP Labour’s Chancellor of the Exchequer
Categories: 1356 · Warley Labour Branches