Magazine article Public Finance

Alexander Wants 'Fiscal Fairness' Rule

Magazine article Public Finance

Alexander Wants 'Fiscal Fairness' Rule

Article excerpt

Chief Secretary to the Treasury Danny Alexander has set out plans for deficit reduction based on three fiscal rules involving both spending cuts and tax rises.

Alexander said that if the Liberal Democrats formed part of the next government, a 'fairness rule' would also be introduced to ensure that the wealthiest people continue to contribute most to the deficit reduction.

One North

Liberal Democrats have committed to implementing the One North plan to improve transport links across the North of England and boost growth.

At the party's conference, Deputy Prime Minister Clegg said the party would help develop and implement the proposals, set out by an alliance of the cities of Leeds, Liverpool, Manchester, Newcastle and Sheffield. The £15bn plan called for a new trans-Pennine highspeed line.

Mental health

Clegg also announced the creation of the first-ever waiting time targets for mental health services in his speech to the party conference. …

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