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Cutting subsidies

  • Cutting subsidies By abolishing the Department of Trade and Industry and ending unnecessary subsidies we will save approximately one third of the Department’s expenditure. This will be re-invested instead in our priorities set out in this manifesto.
  • Using the money set aside for the Chancellor’s Child Trust Fund to cut class sizes in primary schools. The Child Trust Fund will cost almost £1.5 billion over a parliament to give cash handouts when today’s babies reach 18. It’s better for these children to benefit from the money now, in their early years, by cutting class sizes.
  • Not introducing ID cards. Hundreds of millions can be saved by not introducing ID cards. That money would be better spent on increasing the number of police on the streets by 10,000 and providing them with the technology to make them more effective.

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