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David Cameron dismissed Gordon Brown’s VAT cut as “an expensive failure” at Prime Minister’s Questions.
He attacked Mr. Brown for wasting £12.5 billion of taxpayers’ money on a 2.5% cut that has been ridiculed by shoppers and condemned by retailers.
Britain’s biggest retailers have attacked the VAT reduction, with the head of Marks & Spencer saying it hasn’t made a difference, and the head of Sainsbury’s describing it as an annoyance.
David stressed the cut had achieved nothing, and attacked the Prime Minister for adding yet more money to the national debt:
“By spending £12.5 billion on a VAT cut, isn’t he just building up debts for Britain’s children to save his own skin?”
David also accused Labour of copying Conservative policies, after introducing "pale imitations" of our package to help jobseekers return to work and our loan guarantee scheme.
David was elected Leader of the Conservatives in December 2005, on a mandate to change the Party and change the country.
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They say if you repeat a lie enough, people will start to believe it. Gordon Brown is banking on you believing that he won't cut public spending. Don't let him take you for a fool.
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Shadow Chancellor, George Osborne and Shadow Cabinet Office Minister, Francis Maude, launched a consultation on a series of proposals, entitled It's Your Money, designed to create a new culture of financial discipline across Government.
Promoted by Alan Mabbutt on behalf of the Conservative Party, both at 30 Millbank, London, SW1P 4DP