Policy paper

The government’s long-term economic plan

Published 7 January 2014

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

We have a long-term economic plan to build a stronger, more competitive economy and secure a better future for Britain by:

1. Reducing the deficit

Reducing the deficit so we deal with our debts, safeguard our economy for the long term and keep mortgage rates low.

2. Cutting income taxes

Cutting income taxes and freezing fuel duty to help hardworking people be more financially secure.

3. Creating more jobs

Creating more jobs by backing small business and enterprise with better infrastructure and lower jobs taxes.

4. Capping welfare and reducing immigration

Capping welfare and reducing immigration so our economy delivers for people who want to work hard and play by the rules.

5. Delivering the best schools

Delivering the best schools and skills for young people so the next generation can succeed in the global race.