Neil Matthews backs Financial Rescue Plan for Shepway Families

1.01.38pm BST (GMT +0100) Thu 23rd Oct 2008

Folkestone & Hythe Parliamentary Campaigner Neil Matthews has backed Lib Dem plans for a rescue plan for families to help deal with the economic crisis.

In contrast to Labour and Conservative bickering about who is to blame for the economic meltdown, the Liberal Democrats have focused on practical help for people and families. The Lib Dems are calling for four urgent changes:

• Cutting taxes for struggling families so you've got more money in your pocket. The Liberal Democrats will cut taxes for people on low and middle incomes, raising them for the richest so the tax cuts are affordable.

• Lowering energy bills so you can afford to keep warm this winter. As wholesale fuel prices fall - they have dropped 28% since August - utility companies must lower people's bills too.

• Keeping people in their homes, so you don't need to fear unfair repossessions. We must ensure that banks only ever repossess people's homes as a last resort.

• Lower mortgage payments and cheaper business loans through big interest rate cuts. People and businesses need help paying off their mortgages and loans, so we need substantially lower interest rates.

Neil Matthews said:

"The Lib Dem action plan will really make a difference here in Shepway. It will put money in your pocket, cut unfair bills, and keep people safe in their homes."

You can read more details of the Lib Dem proposals at www.libdems.org.uk/recoveryplan