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Alexander: 'Risks of independence becoming clearer'

Chief Secretary to the Treasury Danny Alexander has said that the risks of Scottish independence are "becoming ever clearer". He said: "What we've seen today with Standard Life and RBS are the risks of independence becoming ever clearer."

Chief Secretary to the Treasury Danny Alexander. Credit: David Cheskin/PA Wire/Press Association Images

He added: "It’s common-sense that when you have something that works there will be adverse consequences if you rip it apart. The strength and stability of the United Kingdom is the essential underpinning of Scotland’s successful financial services sector over several centuries.

"These businesses are reasonably and fairly setting out the consequences of the SNP’s dangerous, risky, and unclear plans for independence. I doubt they’ll be the last.”

Alexander: The long term economic plan is working

Chief Secretary to the Treasury Danny Alexander has said that today's inflation figures are evidence the long term economic plan "is working."

Inflation falling below 2% for the first time since November 2009 is further evidence that our long term economic plan is working. Controlling inflation and rebuilding our economy are the only sustainable ways to secure living standards for the future.

– Danny Alexander

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Scottish referendum: calls of bluff from both sides

George Osborne is "bluffing" when he insists an independent Scotland cannot keep the Pound, according to Scottish First Minister Alex Salmond.

But when speaking to ITV News Chief Secretary to the Treasury Danny Alexander accused Salmond of bluffing too, claiming he has no currency plan.

Both sides of the debate are now firmly entrenched, reports Martin Geissler:

Labour and Tories 'becoming more ideological'

Labour and the Conservatives are both becoming more ideological, Liberal Democrat Danny Alexander has said.

Speaking on ITV's The Agenda, the Chief Secretary to the Treasury said: "Labour is becoming more, kind of, left-wing, the Tories are becoming more anti-European.

"And I think both of those things mean you can't have the Tories or Labour by themselves anymore."

On suggestions he had "gone native" at the Treasury, Mr Alexander said that on the contrary, "the Treasury has been captured by the Liberal Democrats... George Osborne's the hostage".

Danny Alexander to face questions on The Agenda

The chief secretary to the Treasury will be interviewed by Tom Bradby. Credit: David Cheskin/PA Wire

Danny Alexander, the chief secretary to the Treasury, will join ITV News Political Editor Tom Bradby on the latest edition of The Agenda tonight.

He will be joined on the 10.35pm programme by writer and broadcaster Clive Anderson, the journalist Amanda Platell and Germaine Greer, the academic and writer.

Get involved in the debate during the show on Twitter by following @agendaitv and using the hashtag #theagenda.

Danny Alexander on The Agenda this week

Danny Alexander will appear on tomorrow night's episode of The Agenda. Credit: Dominic Lipinski/PA Wire

The Chief Secretary to the Treasury, Danny Alexander, will join ITV News Political Editor Tom Bradby on The Agenda tomorrow night, Monday 17th February.

Catch up on the last episode here with the Chancellor George Osborne, Former BBC Economics Editor turned JP Morgan strategist Stephanie Flanders, historian and broadcaster Bettany Hughes and money saving expert Martin Lewis.

The Agenda with Tom Bradby is on ITV at 10.35pm on Monday night.

Get involved in the debate during the show on Twitter by following @agendaitvand using the hashtag #theagenda.

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Boris Johnson repeats call for tax rate to be cut to 40p

London mayor Boris Johnson has repeated his call for the tax rate to be cut to 40p - and declined to rule out the possibility of it happening before the general election.

Earlier, the Liberal Democrat Chief Secretary to the Treasury - Danny Alexander - said the rate would be cut "over my dead body".

London Mayor Boris Johnson. Credit: Press Association

"The last thing I want to see is a pointless sacrifice from the Liberal Democrats, let alone the dead body of Danny Alexander," he told BBC Radio 4's Today programme.

"Sooner or later there will have to be a new Conservative manifesto and I can't believe we are going to go into an election on a campaign to keep our tax rates higher."

Asked if that meant he accepted it could not happen until after 2015, he said: "Who can say what will happen to Danny Alexander? Stranger things have happened at sea."I don't think that it is reasonable always to keep UK tax rates higher than those of competitor countries.

"UK income tax is now higher than the average in the EU. That never used to be the case. I don't see why it should be the case for the long term and I see no reason why we shouldn't bring it down."

Lib Dems 'will not allow' cut to top rate of tax

Chief Secretary to the Treasury Danny Alexander said the Liberal Democrats would not allow a cut to the top rate of tax in this Parliament.

Chief Secretary to the Treasury Danny Alexander. Credit: Anthony Devlin/PA Archive

In an interview with the Daily Mirror, he was asked about David Cameron's refusal to rule out cutting the top rate and replied: "You'll have to ask them (the Tories) why they answer those questions in those ways.

"If you ask me would I cut the top rate below 45p the answer is 'no'. In this Parliament we will not allow that to happen."

Mr Alexander also had some praise for Labour's Ed Balls - amid questions over whether the Lib Dems could work with the party in a future coalition.

"I play cricket with Ed Balls. I have opened the bowling at Lords while he kept wicket behind the stumps and I have to say he didn't let anything past him. So I would endorse him as a wicket keeper," he said.

Senior Lib Dem: Tax cut for wealthy 'over my dead body'

Danny Alexander, the Liberal Democrat Chief Secretary to the Treasury, said any cuts to the top rate of tax before the next general election will be "over my dead body".

Danny Alexander (right) with Chancellor George Osborne. Credit: Alastair Grant/PA Wire

Mr Alexander made the comment as he dismissed calls from some Tories who want to see the rate reduced from 45p to 40p before the 2015 poll.

David Cameron fuelled speculation by repeatedly refusing to rule out further trimming the rate for those earning over £150,000 a year. It fell from 50p last year.

But in an interview with the Daily Mirror, Mr Alexander said: "I think it is right at 45%. I wouldn't go to cutting below 45%.

"I would say that would happen over my dead body.

Alexander: 'Labour's hypocrisy on taxation breathtaking'

Lib Dem Chief Secretary to the Treasury Danny Alexander said "Labour's hypocrisy on taxation is breathtaking" after Ed Balls set out the party's economic policy ahead of the 2015 General Election.

Mr Alexander said the shadow chancellor's speech shows the party "have learned nothing from the last few years and would undermine the foundations of Britain's economic recovery" and reintroducing the 50 pence tax rate "wouldn't help".

Lib Dem Chief Secretary to the Treasury Danny Alexander. Credit: Alastair Grant/PA Wire

He said: "In Government they left a system full of loopholes for the wealthy to exploit.

"Thanks to our action in Government to raise capital gains tax, reduce pensions tax relief for the wealthiest, and tackle avoidance, Lib Dems in Government are raising more from those who have the most and making Britain more competitive."

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