11 September, Wednesday, 2024
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HomeSourcestelegraph.co.ukThe Conservative Party will continue to champion fiscal responsibility

The Conservative Party will continue to champion fiscal responsibility

Tory governments have always been at their best when they are taking tough but necessary decisions in the national interest

Nothing encompasses that more than the £400 billion in support to protect millions of businesses and jobs throughout the pandemic, and £94 billion of financial help during Putin’s energy crisis. Thanks to our interventions, we have kept unemployment low and grown our economy. 

That latter fact was revealed by the ONS on Friday when they issued revised figures showing the British economy had the third fastest recovery in the G7, behind only the US and Canada. I have said before that the declinists in the Labour Party are wrong, and this week the ONS proved it. 

That growth record comes on top of our progress since 2010 including getting four million more people into work; 1 million new businesses created; and the lowest corporation tax and most generous investment allowances of any major advanced economy. Since then we have grown faster than Germany, France and Japan. 

But this wasn’t simply achieved through additional spending, borrowing or ducking economic challenges. For the past decade, we Conservatives have been straight with people. 

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