The plan, which would effectively strip banks of the benefit of recent corporation tax cuts, forms part of the party's election manifesto.Read the full story ›
The Conservative peer said he was 'shocked' that the law had been vetoed by the Liberal Democrats.Read the full story ›
Spiralling childcare costs mean for many "it simply does not pay to work", a report warns, as prices top £6,000 a year for the first time.Read the full story ›
Nick Clegg has pledged a combination of more cuts and £8 billion in extra taxes if he wins the general election.
The Liberal Democrat leader was outlining his party's plans to plug a £30 billion shortfall in the public finances.
ITV News Political Editor Tom Bradby reports:
Nick Clegg said that the era of "austerity" would end in three years under the Liberal Democrats, in a keynote speech today.
He said that through his party's "sensible, balanced approach," public services and the most vulnerable in society would be protected.
Speaking alongside Treasury Chief Secretary Danny Alexander, the deputy prime minister outlined plans for wealthy individuals, big businesses and banks to face an £8 billion tax hike under the Liberal Democrats.
He also accused the Conservative Party of coming up with "kooky, made-up figures" in their plans to clear the deficit.
Labour Treasury spokesman Chris Leslie said the Lib Dems could not be trusted having broken their promise not to raise VAT while backing Tory plans to cut the top rate of tax.
Nick Clegg has said that wealthy individuals, big businesses and banks would face an £8 billion tax hike under the Liberal Democrats.
In a speech today, he explained the plan as: "A balanced approach to tax and spend that asks the wealthiest in our society to contribute a little more.
"Our plans mean there is no need to increase income tax, VAT or National Insurance rates."
He conceded that the party would make cuts, but said they would be £38 billion less than the Conservatives and that the party will have borrowed £70 billion less than Labour.
"Yes, there will be more cuts - £16 billion worth, including £4 billion from the welfare budget," he said. "But that means that in the second half of the parliament we will be getting the national debt down and putting money back into our public services."
The Deputy Prime Minister is calling on the NHS to tackle the "taboo" around suicide and commit to an ambitious programme to stem its rise.Read the full story ›
In case you wondered, this is what the General Election will sound like....
- Conservatives; only we can protect the Economy.
- Labour; only we can protect the NHS.
- Liberal Democrats; only we can protect you from those two.
- UKIP; only we can protect you from Europe.
- SNP; only we can protect Scotland.
- Greens; only we can protect the Environment.
The exciting thing is that no one, but no one, quite knows what the British electorate most wants protected, and we won't find out until the 8th of May.
Deputy Prime Minister Nick Clegg has set the stage for a bitter General Election battle next year, warning that "a lot of mud will be thrown" in the run-up to polling day.
The Liberal Democrat leader urged voters in his New Year message to give his party the chance of a second term in Government, rejecting the politics of "grievance, fear and blame" offered by their rivals.
Clegg said 2015 should be a "year for optimism" but that the two main parties presented the electorate with a "pretty grim choice".
"This year, a lot of mud will be thrown. A lot of over the top claims will be made, a lot of accusations will be hurled around the place. Ignore them," he added.