Tuesday 9 October 2018

Tories proof of failure.


The Tories have doubled national debt since 2010 by adding £900 billion in just 8 years ! They have also created 2/3rds of our national debt historically :

http://www.taxresearch.org.uk/Blog/2017/11/27/the-tories-created-two-thirds-of-the-uks-national-debt/

Lost our Triple A credit rating :

https://www.theguardian.com/business/2016/jun/27/property-and-financial-shares-slide-as-referendum-fallout-hits-stock-markets

Lost £490 billion in foreign investments and sterling !

https://www.independent.co.uk/news/business/news/britain-490-billion-pounds-poorer-ons-figures-uk-brexit-talks-position-revision-gdp-a8002871.html

Deficit: Osborne 2010 - "We will eliminate the deficit by 2015",

Tory manifesto 2015 - "We will eliminate the deficit by 2017",

Osborne's budget speech july 2015 "We will eliminate the deficit by 2020",

Tory manifesto 2017 "We will eliminate the deficit by 2025",

Latest estimates from the treasury watchdog suggest it will be at least 2031 before the deficit is eliminated, based on the recent budget.

https://www.independent.co.uk/news/uk/politics/budget-2017-deficit-date-obr-cleared-tories-philip-hammond-latest-441-a8070156.html

Lowered our Standard of living drastically :

https://www.independent.co.uk/voices/uk-life-expectancy-drops-2058-government-cuts-austerity-nhs-national-health-a8131526.html

Caused 120,000 excess deaths in just 6 years of austerity :

https://www.independent.co.uk/news/health/tory-austerity-deaths-study-report-people-die-social-care-government-policy-a8057306.html

Caused 30,000 excess deaths in 2015 alone - Royal society of Medicine :

https://www.rsm.ac.uk/about-us/media-information/2017-media-releases/new-analysis-links-30000-excess-deaths-in-2015-to-cuts-in-health-and-social-care.aspx

Given away £93 billion per annum in corporate welfare and subsidies :

https://www.theguardian.com/politics/2015/jul/07/corporate-welfare-a-93bn-handshake

Allowed the loss of up to £120 billion from corporate tax revenue per annum and facilitated it with policies :

http://www.taxresearch.org.uk/Blog/2014/09/22/new-report-the-tax-gap-is-119-4-billion-and-rising/

"Brexit has cost us $1.5 trillion and worse may be on the way"

https://www.independent.co.uk/news/business/comment/brexit-has-cost-us-14tn-but-worse-may-be-on-the-way-a7431666.html

"London to lose €800bn to Frankfurt as banks prepare for Brexit"

https://www.theguardian.com/politics/2018/nov/29/london-to-lose-800bn-to-frankfurt-as-banks-prepare-for-brexit

Stagnated economic growth :

https://www.theguardian.com/business/live/2018/apr/27/uk-us-french-growth-gdp-global-economy-tsb-bank-it-meltdown-business-live

Lowest economic growth in the G7 :

https://www.theguardian.com/business/2017/may/31/uk-comes-bottom-of-the-g7-growth-league-as-canada-takes-the-lead

Slowest economic growth in the EU :

https://www.ft.com/content/4f4f022e-420a-11e8-803a-295c97e6fd0b

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