UK Politics

Labour Party: Instead of bobbing around like a cork in water David Cameron should level with the British people - Mandelsonfrom Labour Party News

News   •   Feb 01, 2010 10:53 GMT

Instead of bobbing around like a cork in water David Cameron should level with the British people - Mandelson

After the disarray in the Conservatives' position over the last few days, Labour’s Business Secretary Peter Mandelson will today challenge David Cameron to level with the British people on how much money the Conservatives plan to take out of the economy this year.

He will be joined by Liam Byrne, Labour’s Chief Secretary to the Treasury and Yvette Cooper, Labour’s Work and Pensions Secretary to outline the threat the Tories' plans could pose to the economy.

Peter Mandelson said:

“The Conservative leadership’s plans for the economy are far from clear.

“In the coming financial year, starting two months from today, planned investment will rise by £31 billion. David Cameron said this time last week we needed to ‘tear up’ these plans. But now the Tories seem to be on the move.

“Instead of bobbing around like a cork in water David Cameron should level with the British people.

“If he refuses to be clear, if he will not be honest, people will conclude that - for electoral reasons - he is hiding the truth and that the Conservatives' proposed cuts will indeed eat into the recovery and throw Britain back into recession and lost jobs.

“We are just seeing the early signs of recovery, but the road ahead will be bumpy. That is why we cannot take risks. The economy needs continued support until the recovery is fully locked in. That is why Labour are leaving Government spending and investment in place for 2010/11. It can’t be clearer.”