Lib Dem manifesto p22
“We will break up the banks, to ensure taxpayers are never again expected to underwrite high-risk banking. We will introduce a Banking Levy so that banks pay for their tax-payer guarantee until the break-up is complete”
We have set up an independent commission on separating investment and retail banking, reporting by September 2011, and introduced a banking levy that will raise £2.5 bn a year
Lib Dem manifesto p.24
“To help the transition to a green economy over the longer term, we will set up a United Kingdom Infrastructure Bank (UKIB) to attract private finance”
The creation of a UK-wide Green Investment Bank will be funded by £1 bn spending allocation and additional proceeds from the sale of Government-owned assets. The Bank will encourage significant additional investment in green infrastructure.
Lib Dem manifesto p.26
“Support public investment in the roll-out of superfast broadband, targeted first at those areas which are least likely to be provided for by the market”
The Government has published an action plan, “Britain’s Superfast Broadband Future”, announcing an £830 m strategy to put a digital hub in every community, making sure the UK has the best broadband in Europe by 2015.
Lib Dem manifesto p.28
“Give both the Royal Mail and post offices a long-term future, by separating Post Office Ltd. from the Royal Mail and retaining Post Office Ltd. in full public ownership.”
The Postal Services Bill is curently passing through Parliament. It allows for the restructuring of Royal Mail, including the introduction of private sector capital and expertise from the sale of part of it, an employee share scheme, and provisions for Post Office Ltd. to continue to be owned by the Crown or a mutual ownership structure.
Lib Dem manifesto p.30
“We will extend the right to request flexible working to all employees”
We have put in place secondary legislation to extend the right to request flexible working to parent of children up to age 18 and are consulting with busines on shared parental leave and extension of flexible working to all employees.