Lib Dems push for BoE independence, steady inflation and financial inclusion

General election manifesto

clock • 2 min read

The Liberal Democrats have pledged to protect the independence of the Bank of England, keep inflation at 2% and introduce a national financial inclusion strategy ahead of the general election on 4 July.

In their manifesto published today (10 June), the Lib Dems accused Rishi Sunak's party of badly mismanaging the economy and recklessly damaging public finances. This has led, according to them, to economic stagnation and added "billions to the cost of servicing our debt". Instead, the Liberal Democrats pledged to protect the Bank of England's independence and maintain a 2% inflation target to promote economic stability and confidence for growth and investment. All fiscal events will be accompanied by independent forecasts from the Office for Budget Responsibility. On the tax system si...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

The COVER Review: Tax receipts, claims rates and the Autumn Budget

The COVER Review: Tax receipts, claims rates and the Autumn Budget

Week commencing 20 October 2025

COVER
clock 24 October 2025 • 1 min read
HLPartnership names chief compliance officer

HLPartnership names chief compliance officer

Laura Havard takes the role

Jaskeet Briah
clock 24 October 2025 • 2 min read
Consultations launched for Make Work Pay measures

Consultations launched for Make Work Pay measures

Protections for new mothers, bereavement leave and more

Cameron Roberts
clock 23 October 2025 • 2 min read