David Cameron, head of the Tories, has today suggested that the government’s attempt to boost the economy by cutting VAT has not worked and has been an unbelievable and expensive failure. In a BBC interview Mr Cameron highlighted that shopper numbers in December fell according to figures. The holiday on stamp duty when purchasing houses under £175,000 has also not worked according to the leader.
Further comments suggest that the government have spent £12.5bn of our money and have wasted it. The term “Empty Promises” has also entered the equation with the government being accused of promising to deliver but without success. Everyone is hoping that 2009 sees an improvement in the economy and that initiatives implemented by the government begin to have some effect.
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