Budget 2007
Posted by nigelknowles on March 31, 2007
Good news from Gordon – increased spending on public services (which the Tories vote against), increases in education spending, reforms to the tax system to reward work, supporting families with children, takes 600,000 pensioners out of income tax.
* Basic Tax Rate cut from 22% to 20% April 2008 with 10pence start rate removed.
* Corporate Tax cut from 30% to 28% from April 2008.
* Energy efficiency – tackle climate change; increased fuel duty from October 2007 and increase Excise Duty on “gas guzzlers” and cutting Duty for less polluting vehicles.
* Extending Financial Assistance £2 Billion to £8 Billion for 125,000 workers, checking how Govt can further support affected pensions.
* UK economy stable and growing and 2.5 million Child Trust Funds now open, helping children and working families.
*Education spending £90 Billion by 2010-11 and spending increase from 4%to7% of GDP in 1997 to 5.6% of GDP.
* Health and NHS spending 1997 -£34 Billion, 2007 £92 Billion, Waiting Lists 1997 -1,150,000, 2007 – 720,000. Total NHS Staff -1997 – 1,030,000, 2007 – 1,330,000, Nurses and Midwives 1997 – 320,000, 2007 – 398,000, Doctors – 1997 – 102,000, 2007 – 127,000.
REMEMBER
3 Million on the Dole under the Tories, economic Boom and Bust, Black Wednesday, Thatcher, Lamont and Cameron.
Interest Rates 15%, Inflation 20% DON’T TRUST THE TORIES
WINNING WYRE FOREST FOR LABOUR
