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Still much to do on economy, warn UKIP
Tuesday, 29th November 2011
UKIP Leader Nigel Farage welcomed George Osborne's autumn statement but warned there was still much more to be done to rescue the ailing economy.
Nigel Farage MEP, UKIP Leader, responded to the Chancellor's Autumn Statement this afternoon:
"There are good things in this statement, and some honesty, but the Chancellor is kidding himself if he thinks he has got close to dealing with the problems that beset this country.
"The government's program to help small business is to be welcomed, but could be improved upon. It should end Employers' National Insurance, which is little more than a tax on jobs, across the lifetime of this parliament to get more people into work.
"But no matter how he cuts it, you cannot cut the deficit without cutting spending. He intends to continue the coalition’s suicidal energy policy subsidies. He accepts without apology his intention to borrow, on average more than £100 billion per annum, until 2015.
"He intends to increase the international aid budget and of course he leaves unanswered questions about the UK's liabilities to the EU direct, and indirectly through the IMF, when it comes to the eurozone bailouts.
"The Chancellor could have done much more to get this country's economy back on track."
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