Backing small businesses – so they can create more jobs and help secure the recovery – is a key part of our long-term economic plan.
And the action we’ve taken to support them is working, as the facts show:
Today we’re going even further with our Small Business Bill, which helps to ensure Britain is the best place to start and grow a business.
It will cut red tape for businesses, increase fines for those who pay less than the minimum wage, and help small businesses access the £230 billion market for public contracts.
We’ve come a long way from Labour, who hit businesses with higher taxes and needless regulations.
By sticking to our long-term economic plan, we’re helping business owners take responsibility for themselves, create jobs for others, and secure a better future for Britain.
Under Labour, standards in schools dropped, our children fell behind young people in other countries and employers lost confidence in our exams.
But while Labour let our children down, we’re giving them a better start in life.
Our long-term economic plan is delivering for the next generation by:
1. Raising standards and restoring discipline in schools
250,000 fewer children are being taught in under-performing schools. We are making our schools the best in the world so our children can succeed in the global race.
2. Helping create 1.7 million apprenticeships since 2010
So young people can learn the skills they need to kick-start their working lives and have the chance of a better future.
3. Abolishing the jobs tax for under-21s
So it’s easier for businesses to give young people the jobs they deserve.
4. Creating 175,000 extra schools places by backing free schools
There are now 331 free schools, providing more good school places for children across the country.
Free schools are also moving power from bureaucrats to teachers – the people who know your child’s name. That’s giving even more children a world-class education, equipping them with the knowledge and skills to fulfil their potential.
By delivering the best schools and skills, the Conservatives are securing a better future for the next generation - and succeeding where Labour failed.
Labour said our plan to create more jobs wouldn’t work. But today’s employment figures show they were completely and utterly wrong.
There are now two million more private sector jobs than there were in 2010.
And every new job means another person with the security of a pay packet to support themselves and their families.
That’s why our long-term economic plan is so important – because it’s helping secure a better future for hardworking people.
Remember, Ed Miliband said our plan would lead to ‘the disappearance of a million jobs’ (speech to CBI conference, 25 October 2010).
With predictions like that, why would anyone trust Labour with the economy again?
When they were last in power, they left nearly half-a-million more people out of work.
That’s the difference between Labour and the Conservatives: while they cost Britain jobs, we create them – and build a better future for Britain.
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We’re saving taxpayers money every day.
In 2013-14, we’ve made £14.3 billion worth of savings compared with Labour’s last year in government.
That’s equivalent to nearly £850 for every working household in Britain – or enough to pay for over half-a-million nurses or three million primary school places. From selling empty government buildings to getting more value out of public contracts, we’re making savings so that the taxes of hardworking people are spent on what matters most.
It’s a long way from Labour. They lost control of public spending and left Britain with our biggest budget deficit in peacetime history.
Tackling waste and inefficiency is a key part of the Conservatives’ long-term economic plan. It’s helping us reduce Labour’s deficit and set our country on the path to a better future. £14.3 billion of savings isn’t just a number on a government graph – but real money that’s ensuring we deal with our debts, safeguard the economy for the long term and keep mortgage rates low.
But there’s still more to do. That’s why we need to keep working through our long-term economic plan – to get the cost of government down and carry on turning our country around.
The Queen’s Speech is the next big step in our long-term economic plan. Its aim is to secure the recovery for our country, and give you and your family security and peace of mind for the future.
Finding affordable childcare is one of the biggest challenges for parents and guardians. So we’re going to help working families with their childcare costs - with tax-free support of up to £2,000 a year for each child.
We’re also increasing the personal tax allowance to £10,500, cutting income tax for over 25 million people (find out how much you’ll save here) and fuel duty is being frozen for the rest of this Parliament.
Giving you more security in retirement:
If you’ve worked hard and saved for your pension pot, you should be free to decide what to do with your money. So we’re giving people with defined contribution pensions complete control over how they access their pension:
- Those who want an annuity will still be able to purchase one
- Those who want greater control of their finances in the short term can take a greater amount as a lump sum
- Those who don’t want either an annuity or to withdraw everything in one go will be able to keep their pension invested and access it over time
We’re also making important changes to workplace pensions to give employees more certainty about their income in retirement.
We’re banning “zero hours” contracts where they prevent workers taking jobs elsewhere - and raising the maximum fine to £2,000 per employee for employers who pay less than the minimum wage.
Backing small business and enterprise to create more jobs:
Because we have taken difficult, long-term decisions, we are able to put extra investment into our roads and railways to improve our infrastructure and help businesses grow and create jobs.
This includes the biggest investment in roads since the 1970s - and in rail since Victorian times.
We’re also making it easier for small businesses to start, grow and employ people.
These measures build on what our long-term economic plan has delivered so far: the deficit down by over a third; income tax cut for 25 million people by an average £705; 1.5 million more jobs; a welfare system that ensures work pays; 1.7 million more apprentices and better schools for young people.
There is still a long way to go - but only by sticking to our plan will we secure a better and brighter future for Britain.
The British economy is growing – delivering security for hardworking people.
Today the British Chambers of Commerce upgraded its growth forecast for 2014 from 2.8% to 3.1%. What’s more, the CBI said that growth this month was the highest for 11 years.
While we know people are still feeling the effects of Labour’s Great Recession, these figures are more proof that our long-term economic plan is working – and securing a better for Britain.
More economic growth also means more hardworking people can get on in life. Since 2010, over 1.5 million more people are in work, with the security of a pay packet to provide for themselves and their families.
But while our plan is working – it isn’t finished. While the foundations for a broad-based recovery are now in place, we cannot take the recovery for granted.
The biggest risk now to economic security would be abandoning our long-term economic plan.
That’s why we can’t go back to Labour. They wrecked the economy before – and would do it again with more spending, more borrowing and more taxes.
Only the Conservatives have a plan to grow the economy, help hardworking people and secure a better future for Britain.
Help to Buy is making the dream of home ownership a reality for thousands of people.
The Conservatives’ scheme is opening up the housing market, encouraging house building, and securing a better future for hardworking people – as new figures show:
1. Over 27,000 people have bought a new home with Help to Buy
Labour’s financial crisis froze thousands of people out of the housing market. Help to Buy is opening it up again – and helping thousands of people achieve their dream.
2. 85% of Help to Buy homeowners are first-time buyers
The scheme is successfully targeting the people who need help most: first-time buyers who want to get onto the housing ladder and get on in life.
3. The average house price under Help to Buy is around £190,000
That’s well below the national average of £252,000 and shows the scheme is supporting responsible lending.
4. 94% of Help to Buy homeowners are from outside London
The scheme is helping people across the country, with the North West among the regions benefitting most.
5. 74% of Help to Buy homes are new-builds
By raising demand for new-build homes, the scheme is increasing supply. Since Help to Buy started, private house building is up 34%.
Help to Buy is part of the Conservatives’ long-term economic plan – a plan with hardworking people at its heart.
Today’s figures show the scheme is responsible, targeted – and above all, helping people secure a better future in their own home.
New employment figures came out today - but Labour, who predicted our plan would lead to the loss of a million jobs, don’t want you to see them. Here’s why:
1. A record number of people in work
There are now 30.43 million people in work – up 1.59 million since the election. Every job means another family with the financial security of a pay packet and the prospect of a better future.
2. More full-time jobs
Of those new jobs created, 1.2 million are full-time jobs. That shows the recovery is sustainable and helping hardworking people find secure, full-time work.
3. More women in work
The proportion of women in work has hit 67.7 per cent – the highest since records began.
4. The Claimant Count down
There are 378,000 fewer people claiming Jobseeker’s Allowance than there were under Labour. New jobs are enabling more people to move off benefits and get on in life.
5. Youth unemployment down
The number of unemployed young people has fallen by 75,000 since 2010. By delivering skills, apprenticeships and jobs, we’re helping give young people a better start in life.
The Conservatives’ long-term economic plan is creating jobs and building a stronger economy.
Labour are the biggest risk to Britain’s recovery. They have no plan and would wreck the economy with more spending, more borrowing and more taxes.
That’s why we need to continue our long-term economic plan – to create even more jobs and secure a better future for Britain.
Our welfare reforms are changing people’s lives for the better.
New figures show that on average more than 100 people affected by the benefits cap have moved into work every week. That means more and more people are finding a job to provide for themselves and their families.
Capping benefits is a key part of our long-term economic plan so the economy delivers for people who work hard and play by the rules.
These encouraging figures show the cap is helping achieve exactly that. Since the cap was introduced, in almost 6,000 households that were affected by the policy someone has found a job.
Of course, what really matters are the stories behind the statistics: people moving into work, earning a pay packet and getting on in life.
That’s what capping benefits is all about: building stronger communities where everyone contributes, changing people’s lives for the better, and securing a brighter future for Britain.
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