Reduce tax burdens on business and individuals through an £8bn (could be £20bn) tax cut programme;
A headline 6p reduction in the duty on petrol;
Cut business rates and the Climate Change Levy;
Establish a deregulation committee to cut red tape on business;
Public spending to grow no faster than economic growth, probably around 2.5% annually over the next few years;
Oppose joining the euro for the duration of next parliament.
The Liberal Democrats Commitment to raising £9.5bn through taxes to fund improvements to public services, rising to around £11bn by the fifth year of parliament;
One penny on the rate of income tax, plus introduction of a 50% tax on earnings over £100,000;
Reduce burdens on business, especially small businesses by introducing a Business Rate Allowance;
Small Business Inspectorate; Greater environmental checks on big business;
Proposed changes to capital gains taxes to raise more for the Treasury;
Tax cuts at lower income levels;
Hold a referendum on joining the euro.
Labour Extended tax breaks to fuel more investment;
No return to tax and spend policies, emphasis on prudence and financial restraint;
No rises in income tax;
Policy on euro: prepare and decide. A referendum is likely during the next parliament;
Tax cuts for small businesses. Basic 10p tax rate extended for small businesses;
Increased in public sector spending, especially education and health. No breaking of the ‘golden rule’ -only borrowing money to fund capital spending;
Probable extended use of the Private Finance Initiative;
Cut red tape through its Regulatory Reform Act;
Facilitate the development of broadband services on the internet.
Scottish National Party Scrap climate change levy;
Introduce measures to stimulate venture capital;
Full fiscal freedom for the Scottish Parliament wanted, not just the 3p allowed to be raised by the Scottish Executive through legislation;
Higher public spending on pensions and Scotland?s infrastructure;
Scrapping the Private Finance Initiative;
A trust for public investment to be created;
Will press the case for the introduction of the euro.