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Lib Dems separate themselves from Tories with economic strategy

The Lib Dems want to "significantly" reduce the national debt every year from 2018 and will only borrow to if they can invest in projects which boost growth, Nick Clegg will announce today. The policy is a move away from Tories and austerity.

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Alexander: Lib Dems 'do not believe in austerity forever'

The Liberal Democrats will not support "austerity forever" and would lead a Government which balanced paying off debts with "investing in the future", according to a senior member of the party.

Chief Secretary to the Treasury Danny Alexander told Good Morning Britain the Lib Dems also had to show voters how the party "was distinct" from the Conservatives and Labour.

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