Economy: Parties trash Opp. policies

May 3: Economy is the biggest issue in the election in Britain as people struggle with falling employment, rising inflation and sluggish growth.
Prime Minister Gordon Brown, who has been claiming credit for saving banks in the UK, Tory leader David Cameron and LibDem leader Nick Clegg have debated on the issue in the three television debates and now their parties are examining manifestoes of the opposition and trashing their economic policies.
The Labour Party has since the third television debate on economy been insisting on tripping Mr DavidCameron on Tory child tax credits plan.
“On May 6, your tax credits and family budgets are on the ballot paper. They will only be protected by Labour,” work and pensions secretary Yvette Cooper said on Monday afternoon at the Labour Party’s headquarters in London.
“The Tories and Lib Dems would both cut child tax credits back. Making it harder for parents to manage, making it harder for many mums to afford to work part time or stay at home when the children are small, leaving more families overstretched,” she added.
Labour’s head of election strategy Peter Mandelson in a fierce attack on Tories said that their plans would be a setback to young families and mothers.
“David Cameron has swung around hopelessly on what he is saying about this vital family support. And what is clearly emerging from our contact with voters is that their alarm about Tory pleas is growing, and this is being experienced increasingly by young mothers,” he said.

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