Friday 5 December 2008

Bold and fair

There is no escaping or denying the fact that Britain has now entered a recession.

The newspapers report daily about job cuts and repossessions. And strapped for cash we are spending less, forcing high street stores such as Marks and Spencer and Debenhams to hold regular pre-Christmas sales in order to avoid the fate of stores such as Woolworths and MFI.

I attended the Labour Progress Annual Conference on Saturday where I listened to Ed Miliband MP defend the government’s recent economic decisions announced in the Chancellor’s recent pre-budget report. Bold and fair were the key words of his address:

“New Labour was always about a commitment to boldness and fairness”

“Labour showed once again its ability to be bold, to be fair”

“We have shown a sense of boldness and fairness and told a distinctive New Labour Story about how we can solve the economic problems”

At the state opening of Parliament this week, Gordon Brown made ‘fairness’ the theme of the Queen’s Speech.

We are all aware that the government has made bold decisions with its emergency mini-budget to help the effects of the year-long international financial crisis. They include slashing VAT by 2.5%. However, the jury is still out on how fair these measures are.

“My Government is committed to helping families and businesses through difficult times.” announced the Queen.

But can these bold economic reforms ever be fair for all, families and business alike?

By Danielle Thomas

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