In his 2012 Tory Party conference speech, David Cameron said: “Our deficit reduction plan is not an alternative to a growth plan: it’s the very foundation of our growth plan.” However, only yesterday, an IMF report found the coalition’s cuts had hurt growth more than expected.
Tag Archives: economy
At PMQs on 23 May 2012, David Cameron said: “That export scheme [The enterprise finance guarantee scheme] has been rolled into the export guarantee scheme more generally and the amount of export support is massively up on the last election, with billions of pounds in extra money being spent.” However, Cathy Newman of Channel Four FactCheck’s [...]
In April 2012, David Cameron claimed: “Since the election, exports are up by 20 per cent.” It is difficult to see how the Prime Minister could have made this assertion. According to the ONS the level of Exports in April 2010, immediately before the general election was £36.2 billion. This had risen to £41.8 billion [...]
In the March 2010 budget, Labour promised the same sort of tax relief for the video games industry that is received by the film sector. This was scrapped when the coalition came to power. David Cameron defended the decision at a Prime Minister’s Questions in October 2010 when said: We have to take difficult decisions, and [...]
David Cameron told the Conservative Party conference that the financial crash was caused by debt, and primarily state debt, as opposed to bank or consumer debt: “This was no normal recession; we’re in a debt crisis. It was caused by too much borrowing, by individuals, businesses, banks, and most of all, governments.” However, the high UK [...]
The foundational myth of the Coalition is that at the time of the general election, the UK faced an imminent threat of finding itself in the same position as the likes of Greece. The prime minister repeated the mantra in Parliament in January 2011. Responding to economic data that showed the the economy shrunk in [...]
In December 2010, the Prime Minister said in the House of Commons that: “Over the past six months, we have seen 300,000 new private sector jobs.” Cameron could have only come to a 300,000 figure by comparing private sector employment of 22,539,000 in March 2010 – two months before the general election – with 22,858,000 [...]