At-a-glance: Cameron coalition's policy plans

[amir_j]

THE ECONOMY
Emergency budget within 50 days
"Accelerated" action to cut the budget deficit: £6bn of spending cuts this year
Measures to promote financial stability and support business growth
Next year's 1% National Insurance tax rise to be scrapped
Substantial rise in income tax thresholds for lowest paid from April 2011
Departmental spending review this autumn
New ministerial committee to look at "structural" banking reform
New tax on financial transactions, clampdown on "unacceptable" bonuses
Reduction in child trust funds and child tax credits

EDUCATION
Investment to reduce class sizes for children from poorer backgrounds
New independent schools in state sector - "free schools" - to be set up

POLITICAL REFORM
Referendum on the Alternative Vote system for general elections
Fixed-term Parliaments - next election in May 2015
Committee to look at fully PR-elected House of Lords
Cut in number of MPs and equal size constituencies
Right of the public to "recall" corrupt MPs
Statutory register for lobbyists
Scottish Parliament to get more powers under Calman proposals
Referendum of devolution of further powers to Welsh assembly
Ban on "non-doms" sitting in Parliament
Reform of political donations and party funding

FOREIGN POLICY
"War Cabinet" to oversee Afghan mission
National Security Council to handle security policy
Strategic defence review to begin as soon as possible
Trident renewal to go ahead but cost scrutinised
No further powers ceded to EU without referendum
UK not to join euro for foreseeable future

HEALTH
NHS spending to rise in real terms every year of the Parliament

CIVIL LIBERTIES
Great Repeal Bill including abolition of ID cards
Safeguards for use of personal details on the DNA database.

PENSIONS AND WELFARE
Commission to review the long term affordability of public sector pensions
Restore the link between the state pension and earnings from April 2011
Default retirement age to be phased out
Review to look into when the state pension age starts to rise to 66
Benefits to be conditional on willingness to work.
'We agree to end the rules requiring compulsory annuitisation at 75.'

IMMIGRATION
Cap on immigration from outside the European Union

ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources

FAMILIES
Tax break for married couples and civil partners


http://news.bbc.co.uk/1/hi/uk_politics/election_20...
with additional notes from other areas

Edited by amir_j on Wednesday 12th May 15:12

[amir_j]

Full PDF
http://www.citywire.co.uk/adviser/-/news/other/con...

Edited by amir_j on Wednesday 12th May 15:15

[amir_j]

Iain Duncan Smith has been appointed secretary of state for Work and Pensions.


Very pleased- he is a good guy imo

[SystemParanoia]

More ITER plants ?

[Spiritual_Beggar]

It's a shame they can't put a cap on EU immigration, since that is where the problem lies.

[s2art]

'ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources'


Lots of grimness there.

[HundredthIdiot]

amir_j said:

"Accelerated" action to cut the budget deficit: £6bn of spending cuts this year

I think there must be some zeros missing.

[plasticpig]

Some good stuff some dire. Looks like the tories have reverted back to one nation conservatism.

[amir_j]

HundredthIdiot said:

amir_j said:

"Accelerated" action to cut the budget deficit: £6bn of spending cuts this year

I think there must be some zeros missing.

Don't want to go too quickly incase goes wrong. The rating agencies have said as long as their key ratio (forgotten which ) is below 10 then its fine for our AAA rating. Currently said ratio is 5% and max it should go would be 7% so this year have breathing space (as long as nothing unexpected happens on the world stage)

[HiRich]

"Great Repeal Act"

Wow. Someone's going for a place in the history books.
Not that I'm disagreeing with the intent, but every time that name is used will be like a stilleto knife between the Nu Labour ribs.

[NoelWatson]

amir_j said:

THE ECONOMY
Emergency budget within 50 days
"Accelerated" action to cut the budget deficit: £6bn of spending cuts this year
Measures to promote financial stability and support business growth
Next year's 1% National Insurance tax rise to be scrapped
Substantial rise in income tax thresholds for lowest paid from April 2011
Departmental spending review this autumn
New ministerial committee to look at "structural" banking reform
New tax on financial transactions, clampdown on "unacceptable" bonuses
Reduction in child trust funds and child tax credits

EDUCATION
Investment to reduce class sizes for children from poorer backgrounds
New independent schools in state sector - "free schools" - to be set up

POLITICAL REFORM
Referendum on the Alternative Vote system for general elections
Fixed-term Parliaments - next election in May 2015
Committee to look at fully PR-elected House of Lords
Cut in number of MPs and equal size constituencies
Right of the public to "recall" corrupt MPs
Statutory register for lobbyists
Scottish Parliament to get more powers under Calman proposals
Referendum of devolution of further powers to Welsh assembly
Ban on "non-doms" sitting in Parliament
Reform of political donations and party funding

FOREIGN POLICY
"War Cabinet" to oversee Afghan mission
National Security Council to handle security policy
Strategic defence review to begin as soon as possible
Trident renewal to go ahead but cost scrutinised
No further powers ceded to EU without referendum
UK not to join euro for foreseeable future

HEALTH
NHS spending to rise in real terms every year of the Parliament

CIVIL LIBERTIES
Great Repeal Bill including abolition of ID cards
Safeguards for use of personal details on the DNA database.

PENSIONS AND WELFARE
Commission to review the long term affordability of public sector pensions
Restore the link between the state pension and earnings from April 2011
Default retirement age to be phased out
Review to look into when the state pension age starts to rise to 66
Benefits to be conditional on willingness to work.
'We agree to end the rules requiring compulsory annuitisation at 75.'

IMMIGRATION
Cap on immigration from outside the European Union

ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources

FAMILIES
Tax break for married couples and civil partners


http://news.bbc.co.uk/1/hi/uk_politics/election_20...
with additional notes from other areas

Edited by amir_j on Wednesday 12th May 15:12

Next year's 1% National Insurance tax rise to be scrapped

http://www.dailymail.co.uk/news/election/article-1...

"Workers WILL have to pay Labour's National Insurance hike"

[plasticpig]

Spiritual_Beggar said:

It's a shame they can't put a cap on EU immigration, since that is where the problem lies.

What is the problems with EU immigration? On the whole the EU immigrants work harder and are more productive in low paid jobs than their British counterparts.

[NoelWatson]

NoelWatson said:

amir_j said:

THE ECONOMY
Emergency budget within 50 days
"Accelerated" action to cut the budget deficit: £6bn of spending cuts this year
Measures to promote financial stability and support business growth
Next year's 1% National Insurance tax rise to be scrapped
Substantial rise in income tax thresholds for lowest paid from April 2011
Departmental spending review this autumn
New ministerial committee to look at "structural" banking reform
New tax on financial transactions, clampdown on "unacceptable" bonuses
Reduction in child trust funds and child tax credits

EDUCATION
Investment to reduce class sizes for children from poorer backgrounds
New independent schools in state sector - "free schools" - to be set up

POLITICAL REFORM
Referendum on the Alternative Vote system for general elections
Fixed-term Parliaments - next election in May 2015
Committee to look at fully PR-elected House of Lords
Cut in number of MPs and equal size constituencies
Right of the public to "recall" corrupt MPs
Statutory register for lobbyists
Scottish Parliament to get more powers under Calman proposals
Referendum of devolution of further powers to Welsh assembly
Ban on "non-doms" sitting in Parliament
Reform of political donations and party funding

FOREIGN POLICY
"War Cabinet" to oversee Afghan mission
National Security Council to handle security policy
Strategic defence review to begin as soon as possible
Trident renewal to go ahead but cost scrutinised
No further powers ceded to EU without referendum
UK not to join euro for foreseeable future

HEALTH
NHS spending to rise in real terms every year of the Parliament

CIVIL LIBERTIES
Great Repeal Bill including abolition of ID cards
Safeguards for use of personal details on the DNA database.

PENSIONS AND WELFARE
Commission to review the long term affordability of public sector pensions
Restore the link between the state pension and earnings from April 2011
Default retirement age to be phased out
Review to look into when the state pension age starts to rise to 66
Benefits to be conditional on willingness to work.
'We agree to end the rules requiring compulsory annuitisation at 75.'

IMMIGRATION
Cap on immigration from outside the European Union

ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources

FAMILIES
Tax break for married couples and civil partners


http://news.bbc.co.uk/1/hi/uk_politics/election_20...
with additional notes from other areas

Edited by amir_j on Wednesday 12th May 15:12

Next year's 1% National Insurance tax rise to be scrapped

http://www.dailymail.co.uk/news/election/article-1...

"Workers WILL have to pay Labour's National Insurance hike"

"New tax on financial transactions"

Oh dear

"clampdown on "unacceptable" bonuses"

Ditto

[Team 17]

s2art said:

'ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources'


Lots of grimness there.

Nothing wrong with that one IMO.

[s2art]

Team 17 said:

s2art said:

'ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources'


Lots of grimness there.

Nothing wrong with that one IMO.

It was the implications of a green investment bank, high speed rail (£gazillions for what?), increased renewable energy (AKA windymills) and no coal thats particularly grim.

[CoopR]

NoelWatson said:

Next year's 1% National Insurance tax rise to be scrapped

http://www.dailymail.co.uk/news/election/article-1...

"Workers WILL have to pay Labour's National Insurance hike"

I'm confused. The NI tax was on employers payments which is being cancelled and I totally agree. But does that mean it's simply being transfered to be an employee's raise in NI? That article doesn't say way "workers will pay"?

Capital gains was an obvious one to rise although it's stil la kick in the nuts

[Einion Yrth]

s2art said:

Team 17 said:

s2art said:

'ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources'


Lots of grimness there.

Nothing wrong with that one IMO.

It was the implications of a green investment bank, high speed rail (£gazillions for what?), increased renewable energy (AKA windymills) and no coal thats particularly grim.

Can hardly come as a surprise with that closet lettuce Goldsmith as one of CMD's closest advisors.

[timlongs]

How exactly will plane tax work? (for someone who has little knowledge about the current tax system on flights, I know that if I book a flight I pay tax) But will it mean the price of the flight will increase more than it would if I was just paying tax for me being on the plane?

Should I book any flights now?

[amir_j]

Einion Yrth said:

s2art said:

Team 17 said:

s2art said:

'ENVIRONMENT
Aviation passenger duty replaced by plane tax
No new runways at Heathrow, Gatwick or Stansted
New nuclear power plants (Lib Dems able to abstain on issue)
Creation of a green investment bank.
High-speed rail network to be built
No new coal-fired power stations without carbon capture and storage
Increased target for share of energy from renewable sources'


Lots of grimness there.

Nothing wrong with that one IMO.

It was the implications of a green investment bank, high speed rail (£gazillions for what?), increased renewable energy (AKA windymills) and no coal thats particularly grim.

Can hardly come as a surprise with that closet lettuce Goldsmith as one of CMD's closest advisors.

If the rail includes both cross rail AND the high speed 2 program (london to brum in 50 min via heathrow and possibly up to manchester and beyond then very pleased.

[rypt]

"The provision of a floor price for carbon, as well as efforts to persuade the EU to move towards full auctioning of ETS permits."

:/