David Cameron pledge over rising living costs
DAVID Cameron promised his party was committed to helping people cope with the rising cost of living and the impact of the credit crunch, as he spoke in Birmingham yesterday.
Mr Cameron said the Tories were united and had a clear plan to deal with the economic turmoil.
In the party’s reconstruction plan the Tories set out proposals for an independent body to monitor state spending and a beefed-up role for the Bank of England in overseeing the financial sector.
Mr Cameron said: “I have said to the shadow cabinet everything we do has got to be about trying to help people with the cost of living, helping them with the difficulties that they face.”
The Tory leader contrasted his party with the disunity at the top of the Government.
He told the Conservative Party Conference at the International Convention Centre: “I want us to show that, at a time when the Government has completely lost its way, that there is a very clear, a very strong, a very united and a very positive alternative – the modern Conservative Party.”
Tory plans include giving the Bank of England a far greater role in market oversight. The Financial Services Authority will take a tougher line with banks lending money to borrowers.
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