Liberal Democrats want to build an economy that is based on innovation and sustainability, where the infrastructure the country needs is in place for individuals and businesses to thrive. Our aim is to deliver growth that lasts and is environmentally sustainable.
Decades of Labour and Conservative rule have created an unsustainable economy, preoccupied with the artificial wealth of inflated property prices rather than productive work and invention. They have been obsessed by the 'Square Mile' - the City of London - instead of supporting all 100,000 square miles of Britain.
To boost the economy and create jobs for those who need them, we will begin our term of office with a one-year economic stimulus and job creation package. To sustain jobs and growth for the long term, we will set up an Infrastructure Bank to direct private finance to essential projects such as new rail services and green energy, building the environmentally sustainable economy that is needed for the long term. And to ensure that the economy is never again destabilised by high-risk financial industries, we will break up the banks and build up diverse local and regional sources of business finance.
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