Tories pin economic woes on Brown
George Osborne has attacked Gordon Brown over the economy |
Shadow Chancellor George Osborne will pin the blame for the present economic crisis on Gordon Brown, in a speech to the Policy Exchange think tank.
"At the root of the problem is the failure of the government's economic policy," he will say.
A recent poll suggests 68% of voters are "not confident at all" in Labour's ability to handle the crisis.
Mr Brown has called on banks and building societies to pass on recent interest rate cuts to borrowers.
The Financial Times/Harris survey suggested the prime minister was less trusted on the issue of handling the country's economic problems than any other major Western European leader.
Mr Osborne will say that Mr Brown had "rested his claim to competence on three pillars - stability, prudence and competitiveness".
We have been supporting the system - through the Bank of England an extra £15bn has been put in to help them get through this difficult period Alistair Darling |
He will add: "Instead, after a decade of worldwide growth, we have ended up with housing boom followed by bust, spending followed by debt, and a country finding it more and more difficult to compete.
"The Labour Party are not simply attacking their prime minister's style, they are attacking his decisions - the 10p income tax rise on the low paid, the failure to control the debt bubble, the inability to lead the country in difficult times.
"And so Labour is fighting itself instead of fighting for the country."
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