Friday, 26 September 2014

Stephen Metcalfe MP hits out on Labour’s latest spending plans

Local MP Stephen Metcalfe has today criticised Labour’s position on the economy, and their spending plans if they were to win the next election.

Stephen Metcalfe commented: “The Labour Conference truly revealed to us all the level of complacency that exists in the Labour Party on economic matters.

Ed Balls’ speech for example contained £20.4bn of spending promises, but only £1.9bn of tax rises and savings. That’s an £18.5bn black hole!”

Stephen Metcalfe’s comments follow a recent Comres survey, which found that 85% of Labour candidates standing at the next election believe the last Labour government didn’t spend too much money. Further to this, 1 in 10 believed that they should have spent even more.

Stephen Metcalfe continued: “It just goes to show that after all of the progress we have made in recovering the economy, Labour present the biggest risk to our country’s long-term future.

In next year’s election, we cannot make the mistake of allowing Labour to reverse everything we have all achieved!”