We're in a cost a living crisis

Rising interest rates, high inflation, record high tax burden, soaring energy bills, record low living standards, stagnant wages and a stagnant economy. People in the UK are struggling and they're not getting the help that they need.

The Conservatives have badly mismanaged the economy and recklessly damaged the public finances, failing to deliver strong economic growth after the Covid pandemic and adding billions to the cost of servicing our debt through their shambolic mini-budget. And they have taken people for granted, failing to deliver the investment needed to bring prosperity to all nations and regions of the UK. They responded too slowly to the cost-of-living crisis and their promises to “level up” have proved hollow.

The Liberal Democrats would invest in infrastructure, innovation and skills to create good jobs and prosperity in every region of the UK. Taxes must be fair, ensuring tax burdens don’t fall disproportionately on low earners, and clamping down on tax avoidance and evasion.