Southport MP John Pugh works with Vince Cable

Liberal Democrat Shadow Chancellor,Vince Cable, is widely recognised as one of the few politicians to see the recession looming and the collapse in the housing market.

With unemployment rising and the country deep in debt,Vince Cable and Treasury colleague, John Pugh are plotting a route back to prosperity.

“We need to cut out wasteful expenditure like ID cards and concentrate on funding properly the key services people need. We need to develop new green industries that don’t depend on Russian gas or Middle East oil and we have got to get the banking system working for Britain not for city fat cats ! Its a tough order but with so many people on the Tory front bench with interests and directorships in banks- only the Lib Dems have the independence to see it through !

Vince Cable MP proposes Green Road out of Recession

Vince Cable MP recently set out the Liberal Democrat proposal for a Green Road out of the Recession, creating jobs and leaving a legacy that will save energy, put money back into people’s pockets and fight climate change.
The plans will cost £12.5bn, which would be paid for by scrapping the proposed VAT cut. The vast majority of that money will be spent immediately, making a real impact on the economy and people’s lives right away.

Green Road out of the Recession proposals include:
* A five-year programme to insulate every school and hospital, with 20% completed in the first year
* Funding insulation and energy efficiency for a million homes, with a £1,000 subsidy for a million more
* Building 40,000 extra zero-carbon social houses
* Buying 700 new train carriages
* Reopening old railway lines and stations, opening new ones, electrifying the Great Western and Midland mainlines and beginning the Liverpool light rail network
* Installing energy and money saving smart meters in every home within five years

Click here for more information on the Liberal Democrat Economic Recovery Plan