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Brown has failed on fairer tax system, says Cable

Vince Cable MP, Liberal Democrat shadow chancellor, has criticised Gordon Brown&#39s performance as chancellor.

Cable says: “The chancellor has failed to make the tax system fairer and to tackle the risks posed by the house price boom. Gordon Brown&#39s greatest single achievement has been copying a policy by the Liberal Democrats – independence for the Bank of England. Under Brown taxes have become even less fair, with council tax rocketing. The chancellor has failed to even admit that council tax is unfair, let alone propose a fair replacement for it.”

He adds: “Gordon Brown has failed to tackle the house price bubble, or even take responsibility for it. Under him large numbers of people are gambling on the house price boom – but he seems unconcerned by the potential risks to peoples&#39 jobs and houses.”

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Investment ideas to power returns

We believe the most exciting stockmarket opportunities today are in those places where a new generation of leaders are successfully transforming economies and companies in favour of investors. In a new investment guide and website, which is suitable for use with your clients, we set out our views on these reformers. Click here to find […]