MP Liam Fox calls for deeper cuts in spending and fewer taxes
Chancellor George Osborne should announce further cuts to taxes and spending, former Cabinet minister Liam Fox said as he indicated he would like to return to frontline politics.
North Somerset MP Dr Fox, a standard-bearer for the Tory right, acknowledged there had been “muttering” about David Cameron’s leadership but insisted the Prime Minister had silenced his critics over Europe. Asked if he would take a post in the Government if Mr Cameron offered it, Dr Fox said anyone offered the chance to serve their country “ought to say yes”.
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North Somerset MP Dr Liam Fox is seen as a standard bearer for the Tory right wing
Questions about Mr Cameron’s leadership have been asked in recent weeks after reports that backbencher Adam Afriyie was being touted as a successor.
Asked on Sky News’ Murnaghan programme if Mr Afriyie was a “stalking horse” acting as cover for his own leadership challenge, the former Cabinet minister said: “I’ve been in Parliament for nearly 21 years and I can never remember a time in all 21 years when there wasn’t muttering going on about whoever was the party leader at the time or prime minister at the time.
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“Party leaders have to get over that and go ahead and do what they believe to be correct. The Prime Minister got a great victory for the UK at the EU summit this week.”
Dr Fox quit the Government over his controversial relationship with self-styled adviser Adam Werritty but indicated he would accept an offer of a return to the ministerial ranks from Mr Cameron.
“If anyone was asked by a prime minister if you are willing to serve your country I think they ought to say yes.”
He praised Mr Cameron’s recent announcement that a Tory government would offer an in/out referendum on membership of the European Union, which he claimed had blunted the threat to the Tories posed by the UK Independence Party. But Dr Fox called for deeper reductions in public spending and tax cuts for businesses as he identified economic growth as the key factor at the next election.
“We need to get a firmer grip on spending. One of the biggest rises in our budget is the interest we are paying on our debt.
“That has risen from just over £40 billion, it will rise to almost £60 billion by the next general election.
“That means that we are paying more in debt interest than we are spending on defence and overseas aid and the foreign office all combined.”
He said Mr Osborne should target the welfare budget and the size of Whitehall as areas for spending cuts.
But he also called for a package of tax cuts to boost British business.
5 Comments
by Bonkim2003
Monday, February 11 2013, 6:39PM
“Loser!”
by nickthompson
Monday, February 11 2013, 4:56PM
“siarad2:
Anyone with a modicum of common sense would would agree with you (except of course those in government,or indeed opposition,(the two main partys are so close,one would be hard pressed to squeeze a cigarette paper between them), to these people keeping thousands of builder's unemployed and them not paying tax,but instead paying them hundreds of thousands of pounds in benefits to stay at home,at the same time as thousands are homless,and live in B&B accommodation paid for by our council taxes are in my view the economics of the mad house,especially when one considers that the average family moving into a new house would wish to purchase new household items.”
by siarad2
Monday, February 11 2013, 3:44PM
“It's not banks who need more money as QE nor businesses that need tax cuts, both are awash with money, it's people who need basic rate tax to be halved along with VAT. Only then will there be customers to make businesses thrive. Ask anyone going out of business & they'll say there weren't enough customers to survive.
Stop this top down nonsense, businesses are there to serve customers, produce customers & automatically jobs are produced to serve them along with a reduction in benefits & an increase in tax.”
by nickthompson
Monday, February 11 2013, 9:36AM
“Boss of RBS to get £800,000 bonus!!!!!!!!!!!!!!”
by nickthompson
Monday, February 11 2013, 9:28AM
“"MP Liam Fox calls for deeper cuts in spending and fewer taxes"
This is the same (millionaire) Liam Fox who,during the MPs expence scandel refused to pay back TO US the £22,000 pounds he fiddled until ordered to do do by a judge in a court of law,you really couldn't make it up,I just wonder how much longer it will be before the rest of us wake up.”