Archive for the ‘Economy’ Category
Jim Ferguson’s concern over housing in Inverness, Nairn, Badenoch and Strathspey
“Liberal Democrats have announced they will add VAT to new build houses. Home building industry body Homes for Scotland, whose membership provides 95% of all homes built for sale in Scotland as well as an increasingly significant proportion of affordable housing, today unsurprisingly slammed Liberal Democrat proposals to add VAT to new build homes if elected to Government and so do I.
We are in desperate need of social and “truly affordable” housing for rental with 10,000 people on the Highland Council Housing Waiting List.
Those on local average earnings have little chance of accessing mortgages since the Banking crisis.
Most work locally and need housing in the areas where they work. Spiralling petrol and diesel costs make it even more difficult for those on lower incomes who live in rural areas, hence my concern on this issue.
Members of the public have made clear their dismay over Labour Government’s failure to control immigration.
Nick Clegg’s Liberal Democrat comments, recently broadcast, have incensed the electorate when stating Inverness and other areas need more migrants! Gordon Brown’s Labour “open borders” policy has been a complete failure. Massive increases in migration have resulted in overstretched Public Services. The increased cost of the Benefits System underpinning the policy could have major economic consequences.
If migrants are to be welcomed, we must ensure crucial infrastructure is in place, including jobs, education, health and housing and naturally the ability to cope with the diversity of languages involved which is particularly difficult in rural areas.
We need to develop Tourism further as it is a principal Highlands industry and vital for local economy creating crucial meaningful jobs and provide the necessary homes for these people.
We need a common sense approach to address Highlands problems.
Jim Ferguson
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Press Release 21st April 2010
Lib Dem proposal increasing cost of new homes sheer madness
Home building industry body Homes for Scotland, whose membership provides 95% of all homes built for sale in Scotland as well as an increasingly significant proportion of affordable housing, today slammed Liberal Democrat proposals to add VAT to new build homes if elected to Government.
On the day that Tavish Scott launched the party’s manifesto in Scotland, the organisation’s Chief Executive Jonathan Fair said:
“Somehow, the Liberal Democrats seem to be unaware that Scotland, not to mention the UK as a whole, is facing its worst housing crisis since the Second World War. Not only has our industry lost up to half its workforce, development is touching an all-time low and vital First Time Buyers are struggling to find deposits of up to 25%. Any measure increasing the cost of new homes, whether in the public or private sector, is sheer madness and will simply exacerbate the problems we as a country already face.”
Ends
Enquiries to:
Jennifer Kennedy, Homes for Scotland – 0131 455 8350
Notes to Editors:
Homes for Scotland (www.homesforscotland.com) represents the country’s home building industry which, prior to the onset of the credit crunch,:
- was the largest source of private investment in Scotland and the largest user of the planning system
- built 20,000 new homes, contributed £6bn to the economy and directly impacted the employment of 100,000 people (2007 figures)
Half the industry’s directly employed jobs have already been lost and Scottish new build housing output has plummeted, presenting far-reaching and long-term social and economic consequences.
Click here to read Homes for Scotland’s “building for their future” appeal to MPs as they prepare to enter the election season.
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Support for Nairn Swimming Pool
Support for Nairn Swimming Pool
I was saddened to hear that Highland Council were contemplating closure of Nairn Swimming Pool due to budget cuts.
It is a well run pool with a long history of serving the people of Nairn and I was saddened to see this news in the press.
Nairn swimming pool is a well loved, popular, social venue and brings great enjoyment to not only the people of the town, but the surrounding area too.I learned to swim in Nairn Swimming pool and so did my children and I would be bitterly disappointed if it closed.
The area has popular beaches which are used during the summer by local children and it is a vital service to ensure youngsters learn to swim in a safe environment before swimming in the sea.
Unfortunately it is front line services which are going to suffer in the proposed cutbacks. There are many other areas where the budget could be addressed.
Our Swimming Pools and Community centres are a priority for all age groups and even more so for youth workers who run diversionary activities for youngsters keeping them off street corners and encouraging them to take up sport. The pool is also used by the elderly and to travel to Inverness would be difficult if not impossible.
You can be certain that I am willing do all I can in the campaign to help keep keep this important facility for Nairn open.
Jim Ferguson
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Scottish Conservatives launch campaign for fairer fuel prices
Speaking at the launch of a fair fuel price campaign, Annabel Goldie MSP, Scottish Conservative Leader says:
“Labour and the SNP are both responsible for the high fuel prices. The Labour Government at Westminster has taxed so much that we have record fuel prices when oil is half the price it was two years ago.
“The SNP Government in Scotland has increased rates for local garage owners by up to 50% and is forcing many of them out of business. The new rates valuation brought in under the SNP penalises independent rural petrol stations because they are charged the same rates as supermarkets, but can’t get the same deals on fuel prices from wholesalers.
“The SNP may not be able to do anything at Westminster because they are irrelevant, but they are in Government in Scotland so can’t pass the buck on this issue.
“Conservatives want to ensure fairer fuel prices and increase the number of petrol stations eligible for rates relief to bring pump prices down.”
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Invitation to join the Government of Britain
The Conservative Manifesto 2010
A country is at its best when the bonds between people are strong and when the sense of national purpose is clear. Today the challenges facing Britain are immense. Our economy is overwhelmed by debt, our social fabric is frayed and our political system has betrayed the people. But these problems can be overcome if we pull together and work together. If we remember that we are all in this together.
Some politicians say: ‘give us your vote and we will sort out all your problems’. We say: real change comes not from government alone. Real change comes when the people are inspired and mobilised, when millions of us are fired up to play a part in the nation’s future.
Yes this is ambitious. Yes it is optimistic. But in the end all the Acts of Parliament, all the new measures, all the new policy initiatives, are just politicians’ words without you and your involvement.
How will we deal with the debt crisis unless we understand that we are all in this together? How will we raise responsible children unless every adult plays their part? How will we revitalise communities unless people stop asking ‘who will fix this?’ and start asking ‘what can I do?’ Britain will change for the better when we all elect to take part, to take responsibility – if we all come together. Collective strength will overpower our problems.
Only together can we can get rid of this government and, eventually, its debt. Only
Together can we get the economy moving. Only together can we protect the NHS. Improve our schools. Mend our broken society. Together we can even make politics and politicians work better. And if we can do that, we can do anything. Yes, together we can do anything.
So my invitation today is this: join us, to form a new kind of government for Britain.
Read the Conservative Manifesto 2010
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Audio of the Conservative Manifesto 2010
Download the Conservative Manifesto 2010 in audio (MP3) format using the links below.
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Labour Party – We’ve heard it all before and nothing changes
The Conservatives have responded to the Labour Party’s “empty” manifesto, saying “we’ve heard everything in it before”.
“We’ve had thirteen years of broken promises and nothing ever changes”, said Michael Gove, speaking alongside Liam Fox.
There have been over 100 broken promises from Labour’s 2005 manifesto. The Conservatives have called for crowdsourced responses to their 2010 manifesto to expose misleading references.
Gove said that the Conservative manifesto launched today “will reveal policies that demonstrate the energy, the leadership and the values needed to bring about change, to get our economy moving, to mend our broken society and crucially to rebuild trust in our broken political system”.
“In all these areas where urgent action is needed, Labour is either empty, silent or misleading”, he said.
Gove and Fox spoke as they published the Conservative response to the Labour Manifesto. The response questions why there is no reference to our national debt, and includes:
- Five promises they don’t know how to pay for
- Five promises they won’t be able to deliver
- Five promises they’ve broken before
- Five promises that are undermined by their own record
- Five promises they’ve stolen from us
Explaining the Conservative inititative to crowdsource responses to the manifesto, Shadow Treasury Minister Greg Hands said: “The Conservatives are today publishing Labour’s 2010 manifesto in an open and interactive format so that you can dig through the detail of Labour’s latest set of election promises”.
“It’s up to you to highlight the reannouncements, the U-turns, the stolen policies, and the re-heated pledges.”
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Conservative plan for a fuel duty stabiliser will be a welcome relief for drivers as petrol prices hit an all-time high
It was back in 2008 that George Osborne first announced Tory plans for a fuel duty stabiliser – an idea which was first proposed by Andrew Lilico.
The idea is simple: when the oil price is high, the fuel duty will be lowered, and vice versa.
And little would George Osborne have known in 2008 that the 2010 general election would be fought at a time when the price of petrol would be hitting an all-time high at £1.20 a litre – nearly £6 a gallon in “old money”.
And today’s Telegraph suggests that right now the introduction of the fuel duty stabiliser would probably see the price of petrol at the pump today being reduced by 10p a litre under the Conservative plan:
“The move will be funded from the increased taxes the Government raises from other levies on oil companies when wholesale prices rise… However, it is likely to prove controversial when oil prices fall as fuel duty will rise again.”
“The details of the scheme – including the price at which petrol will “stabilise” – will be the subject of a consultation launched soon after a Conservative election victory. It is expected to be launched within months if Mr Cameron is successful.
“Last night, a senior Conservative source said: “We are very straight with people. This is not a tax giveaway – instead it is a sensible, balanced policy that protects families from big increases in the oil price. When the oil price rockets, the tax falls and the petrol price at the pump stays stable – and vice-versa when the oil price falls.”
The public anger at the cost of petrol should not be underestimated and this policy provides another popular doorstep-ready policy for Conservatives to take to the electorate.
Jonathan Isaby
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Fuel Tax
Fuel tax is an imposed sales tax put on the sale of fuel. Frequently, fuel tax is looked upon as a source of general revenue, with some being put towards the maintenance of roads and highways.
Fuel Tax in the UK
Fuel tax in the UK is constantly changing and has risen steadily over the last 15 years. Between 1993 and 1999 there was a rapid increase with duties on fuel increasing by 3% above inflation. This was due to a major change in petrol taxation in 1993 when the Conservatives introduced the Fuel Price ‘escalator’. This was a way of the government making money and also to help protect the environment by discouraging people from using their cars.
Fuel Escalator Forces Prices Up
This fuel escalator forced prices up from one of the lowest in Europe to now one of the most expensive. When it was first added, fuel prices rose by 3 pence a litre and tax contributed to 72.8% of the total cost. By 1997 the escalator had added 11.1p to the cost of unleaded petrol and was at 75%. It didn’t get any better when the conservatives left office and Gordon Brown took over, as the escalator increased and 3 pence was added per litre. This took tax up to an incredible 81.5% of the total price of fuel.
Fuel Tax and the 2000 Fuel Protests
Despite the fuel escalator being abandoned in 1999, fuel prices did continue to rise rapidly, with a 2 pence a litre rise after the 2000 budget, contributing to the fuel protest. These rises were however argued by the government to be as a result of increasing oil costs rather than tax increases. This argument does hold some truth when we look at the graph above, showing that although the overall price of fuel has risen, the percentage of tax has stayed relatively constant and even dropped slightly this year.
In April 2005, tax on petrol and diesel were charged at 47.1 pence a litre which with VAT added also, the total taxation makes up a huge 69.9% of the price we paid for unleaded and 67.3% for diesel.
British drivers pay two taxes on petrol they buy at the pump and fuel campaigners complain about the fact that VAT is charged on the cost of fuel and the duty and feel it should only be calculated on the cost of the fuel for a fairer petrol price.
Duty on fuel in the UK increased again on 1 October 2007, with an increase of 2.00 pence a litre on unleaded and diesel and an even greater increase on LPG and natural gas. See the fuel duty for all fuels below:
2007 Fuel Tax Figures
2007 fuel duty (as of 1 October 2007) in the United Kingdom was:
- 50.35 pence per litre for ultra-low sulphur unleaded petrol/diesel
- 53.65 pence per litre for conventional unleaded petrol
- 56.94 pence per litre for conventional diesel
- 30.35 pence per litre for bio-diesel and bio ethanol – low tax to encourage consumer conversion
- 16.49 pence per kg for gas other than natural gas (LPG)
- 13.70 pence per kg for natural gas used as road fuel.
- 9.69 pence per litre for rebated gas oil (red diesel)
- 9.29 pence per litre for rebated fuel oil
As of 1 October 2007 effective rates of duty for non-road fuels increased by 2 ppl. These rates are set to be increased by the same percentage as the main road fuels on 1 April 2008 and again on 1 April 2009.
From 1 October 2007 duty rates for unleaded petrol, leaded petrol, aviation gasoline and other heavy oil used as road fuel were increased by the same percentage as the main road fuels.
2009 Fuel Tax Figures
2009 fuel duty (as of 1 September 2009) in the United Kingdom is:
- 56.19 pence per litre for main road fuels, unleaded petrol and diesel
- 65.91 pence per litre for leaded petrol
- 36.19 pence per litre for biodiesel and bioethanol
- 22.16 pence per kg for road fuel natural gas
- 27.67 pence per kg for road fuel liquefied petroleum gas (‘LPG’)
On 1 December 2008 a permanent 2p increase in fuel tax was introduced to offset the rate cut in VAT from 17.5% to 15% bringing the duty rate for the main road fuels up to 52.35p per litre.
On 1 April 2009 the duty rate for unleaded petrol and diesel was icreased by 1.84 ppl to 54.19p per litre and again on 1 September 2009 by 2 ppl to reach the current level of 56.19 per litre. These rates will be increased further on 1 April 2010 to 2013 by 1ppl above indexation each year.
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Liberal Democrat VAT bombshell explodes in Vince Cable’s face
Earlier in the week the Liberal Democrats launched a poster, warning of a VAT bombshell if the Conservatives won. Cross-examined by BBC1′s Politics Show today the Liberal Democrats’ Treasury spokesman admitted that the idea of a £389 bombshell was conjecture and conceded that he couldn’t rule out a hike in VAT. Transcript below.
JON SOPEL: I mean let’s leave aside whether or whether not there is a black hole in the Tories’ finances. Leave that to one side. You don’t know factually, that they are going to raise VAT. That is your conjecture.
VINCE CABLE: It is a conjecture and it’s a reasonable assumption and I wouldn’t claim anymore than that.
JON SOPEL: And that £389 is a rough figure plucked –
VINCE CABLE: It’s a ball park estimate of what it would require in order to fill that gap, and it seems a reasonable way of expressing that argument.”
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JON SOPEL: Would you rule out raising VAT?
VINCE CABLE: No, I don’t. It’s something –
JON SOPEL: So therefore your position is no different to them.”
Well done Mr Sopel. Vince Cable is a serial flip-flopper.
Tim Montgomerie
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Conservatives – Three strikes policy to crack down on benefit fraud
Shadow Work and Pensions Secretary Theresa May has announced a new ‘three strikes’ policy to crack down on those who repeatedly defraud the benefits system.
This comes as new analysis reveals that under Labour benefit overpayments due to fraud and error have cost £80 a second since 1997.
“For too long Labour have let benefit cheats play the system, costing the taxpayer millions”, May said.
“It is astounding that since 1997 welfare waste has cost the public £80 every second”.
- In total, Labour have wasted over £30 billion on fraud and error between 1997-98 and 2008-09. £14 billion of that has been wasted on benefit fraud.
- The Department for Work and Pensions has had its accounts qualified for the last 20 years due to the high level of fraud and error in the benefits system
- Between 2004-05 and 2008-09, only 143,838 people have been sanctioned for benefit fraud
The Conservatives have announced new plans to introduce tougher benefit sanctions for those found guilty of benefit fraud. This is about targeting the minority of those who are undermining the integrity of the benefits system.
Those who commit benefit fraud once will lose their out-of-work benefits for three months, a second offence will attract a benefit sanction of six months, and if someone commits fraud three times they face losing their out-of-work benefits for up to three years.
This is a big increase in the penalty, from the current situation where fraudulent claimants lose a maximum of 13 weeks benefit entitlement.
May said the Conservatives will “send out a strong message to people who fleece the taxpayer- you could lose your out of work benefits for three years”.
“This is about fairness. While the whole country is tightening its belt it’s scandalous that thousands are managing to defraud the taxpayer out of billions.”
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