Smith welcome for Autumn statement

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Sir Robert Smith, Liberal Democrat MP for West Aberdeenshire and Kincardine commented on last week’s Autumn statement saying: “The global economy is still in a very serious situation. The stability brought by the coalition has helped reassure the financial markets as we grapple with the legacy left by the banks and the last Government.

“Despite these difficult times the statement still contained positive news for many in the North East.

“The scrapping of the rise in fuel duty will be particularly welcomed by drivers in Aberdeenshire where for most the car is a necessity not a luxury.

“The further rise in the personal tax allowance will also help over 100,000 individuals in Aberdeenshire who will now be paying £600 less per year in income tax than they were in 2010.

“We are getting very close to delivering a key plank of the Lib Dem manifesto, namely to raise the threshold to ten thousand pounds before paying tax.

“The decision on broadband will directly benefit the Westhill area. It is now all the more urgent that the Scottish Government bring forward their scheme to tackle the rural areas that still do not have basic broadband.

“The positive approach to North Sea taxation is also encouraging investment in projects that support thousands of North East jobs.”