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| BUDGET SHOWS WHY LABOUR IS BEST FOR EDINBURGH |
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| Mark Lazarowicz MP, Member of Parliament
for Edinburgh North & Leith, today welcomed the Budget unveiled by Chancellor
of the Exchequer Gordon Brown, as “the right decisions for the future
success of Edinburgh, Leith and Scotland”. “In his Budget today, Gordon Brown set out the policies that will help Britain face the challenges and take the opportunities of the global economy and showed why Labour is best for Edinburgh and Leith. “The extra £87 million for the Scottish Executive is welcome and shows that Labour is making the right decisions for the future, to build on our platform of economic stability while still being able to give more help to families with children and making more resources available for investment. |
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| “And the increase in
the child element will build on the support families through Labour’s
tax credits that are already giving more help to 3,500 families –
5,500 children – in North Edinburgh and Leith. “And investing in science and enterprise and helping people into jobs and gain skills, is the best way for us in Edinburgh and Leith to make the most of the opportunities of the global economy. “With Labour, inflation and interest rates are low and there are more people in work. “How different from the past when Britain was tipped into recession with families and businesses in Edinburgh and Leith left to pay the price. Under the Tories inflation was nearly 10 per cent, mortgage rates soared to 15 per cent, 1.5 million people suffered negative equity and unemployment hit three million. “And today neither the Tories or Liberal Democrats can offer the policies for the future. “The Tories would fail to equip Britain for the global economy. They are committed to scrapping the New Deal which would return Britain to unemployment, cutting the child tax credit that gives more support to families, and their billions of pounds of cuts would slash investment for the future: in science, in our infrastructure and our public services. “As for the Liberal Democrats, until they can explain where the money is coming from to pay for their endless list of tax and spending commitments no one can take any pledge they make seriously.” “Only Labour is making the right decisions to ensure Britain, Edinburgh and Leith are equipped to face the challenges and take the opportunities of the future.” |
22nd March 2006 |
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