Darling should help Pensioners and Savers today

Conservatives want today's budget to include action to:

* abolish income tax on savings for basic rate taxpayers

* raise the pensioners’ personal allowance to £11,490

Local Tories in West Cumbria joined other Conservatives throughout the country last weekend in hitting the streets to campaign for action in support of Pensioners and Savers in the budget.

Conservative campaigners and councillors have been out campaigning throughout the country at the weekend: in Copeland events were organised in Whitehaven, Seascale, and Millom to deliver leaflets . Those taking part included Ray Cole, Conservative county Councillor for Millom, Sue Brown, Conservative county Councillor for Seascale Whicham, and their local teams, and those out in Whitehaven included myself, Councillor Andrew Wonnacott (Hillcrest) and others.


Since the disastrous £5 billion pounds a year raid on pensions in the first Labour budget, government policy has been toxic towards saving. By example and by failing to reward savers, government policy has created a borrowing culture in which people are no longer encouraged to put money aside for the future. Both individuals and the government are accumulating a frightening burden of debt.

That has to change. Instead of penalising savers, we need a culture which encourages saving and a tax system which rewards them. Alistair Darling has a chance to start helping people to save in tomorrow's budget. But if he doesn't do so, a Tory government will.

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