Sajid Javid in brutal attack on Labour as he urges voters to end Corbynism ‘for good’
Sajid Javid insisted keeping Jeremy Corbyn from entering Number 10 will allow the Conservative Party the chance to put an end to Brexit uncertainty by passing their withdrawal agreement. The Chancellor claimed business voiced concerns about a Labour Party Government taking power and further delaying Britain’s withdrawal from the European Union. Speaking in Manchester, the Conservative frontbencher said: “A strong economy ultimately depends on a strong democracy. Getting this deal through will give Business the confidence that it needs, the certainty that it needs to plan and invest for the future.
“I talk to businesses all the time, I listen to their concerns. By far, the biggest fear of business is a Corbyn-led government.
“One of the prizes of this election is the chance rot end that threat – defeat Corbynism on December 12 and they’ll be gone for good.
“And now that we have a deal we can finally provide that certainty on Brexit, too.”
During his speech, Mr Javid also pledged to help deliver a new “decade of growth” through new fiscal policies aimed at lowering national debt and improving the personal finances of British voters.
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Mr Javid has said the “fundamentals of the UK economy are strong” thanks to the Conservatives’ fiscal policy.
The Chancellor continued: “Our economy has confounded expectations. Nine years of consecutive growth, rising wages, record employment.
“We’ve seen, in fact, 1,000 new jobs on average created every single day.”
The Conservative frontbencher said the top rule his party seeks to deliver on is to have a “balanced current budget” to ensure “what we spend must not exceed what we bring in.”
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He also announced the new rules would have the UK invest more but “live within our means” as he pledged the costs would be kept below 3 percent of the GDP.
Mr Javid also said a new Conservative Government would reconsider its spending cost should “borrowing costs rise significantly” as he claimed overall debt in the UK will be “lower at the end of the next Parliament than it was at its start.”
The party’s electoral manifesto, which is due to be officially released over the coming days, is also to include a pledge to build additional schools and hospitals across the country as well as to “level-up the entire UK from Manchester to Mid-Lothian”.
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Members of the Northern Powerhouse Partnership welcomed the pledge to invest further money to improve infrastructure in Northern regions of the country as they urged “all parties” to showcase the “fiscal credibility of their plans.
The Director of the organisation, Henri Murison, said: “Sajid Javid has made a welcome intervention outlining the extra £20bn for infrastructure annually, equating to 2.8% of GDP, which is so welcome because as he said it makes Northern Powerhouse Rail affordable.
“That is also the case with HS2 of course, which our Independent Panel review report showed is critical to unlocking the wider £1 trillion of economic benefits of closing North-South divide in coming decades.”
“These are the right priorities, and all parties in their manifestos will need to show the fiscal credibility of their plans in order for anyone here in the North, business or individuals, to take them seriously.
“We will be keen to see separation of spending and debt above and below the line to distinguish it from investment.”
In response to the speech, Henri Murison, Director of the Northern Powerhouse Partnership said: “Today, Sajid Javid has made a welcome intervention outlining the extra £20billion for infrastructure annually, equating to 2.8 percent of GDP, which is so welcome because as he said it makes Northern Powerhouse Rail affordable. That is also the case with HS2 of course, which our Independent Panel review report showed is critical to unlocking the wider £1trillion of economic benefits of closing North-South divide in coming decades.”
“These are the right priorities, and all parties in their manifestos will need to show the fiscal credibility of their plans in order for anyone here in the North, business or individuals, to take them seriously. We will be keen to see separation of spending and debt above and below the line to distinguish it from investment.”
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