Top Tory in challenge on austerity
12 March 2013
Posted by: SAIT Technical
By Irish Independent
Senior Conservative Liam Fox is expected to bring Tory
austerity divisions to the fore with a direct call for the Chancellor to drop
protected spending for schools, aid and the NHS.
defence secretary will also urge a wholesale rethink of earnings and savings
taxation, including a capital gains tax holiday, to breathe life into the
ailing economy, according to The Times.
intervention, which comes less than a fortnight before George Osborne's Budget,
echoes concerns raised by many of the party's backbenchers over the way funding
has been ring-fenced for three Whitehall departments while others, like the
Ministry of Defence, have been hit hard.
The Times, Dr Fox will say: "I believe that in leaving money in people's
pockets, economic activity will follow. People will buy houses, invest for
their future or just go shopping. Whichever is the case, it's creating a
society that it sustainable for the future in the way that our current -
welfare dependent and debt-ridden - economy is not.
should gradually move towards the reduction - or even abolition - of the taxes
where the state not only taxes the same money on multiple occasions but
discourages the very behaviour that would lead to a more responsible
after a weekend of dire poll ratings for the party and increasing pressure on
David Cameron's leadership.
MP Sarah Wollaston warned the Prime Minister he was "running out of
time" to tackle problems with his "posh" top team. In a series
of tweets she wrote: "Inner circle still look far too posh, male &
white & Cameron is running out of time to fix it.
consider myself a Cameron loyalist; he is the best person for the job but
should listen to critical friends. I am a Cameron loyalist but he needs to
change his inner circle which just seems to be telling him what he wants to
Secretary Theresa May fuelled speculation that she harbours future leadership
ambitions after giving a detailed speech that roved across a number of
government briefs and included plenty of proposals to appeal to the right of
Warsi said the Prime Minister commands the support of "large parts"
of his party and insisted she, and Mrs May, had "full confidence" in
his leadership. "He is doing a very difficult job in very difficult
circumstances and he commands the support of large parts of his party,"
the Foreign Office Minister told Sky News.