Con-Libs outline plans to tackle debt

An austere statement announced a string of proposals designed to ensure 'taxpayers money is spent responsibly'. Aiming to achieve 'deficit reduction borne by reduced spending rather than increased taxes', headline measures include the scrapping of Labour's proposed National Insurance hike, shielding low earners from public sector pay freezes and the creation of 'strong financial discipline at all levels of government.' The government confirmed it would make cuts of £6 billion to non-front-line services, subject to advice from the Treasury and the Bank of England. The statement also...