THE Comprehensive Spending Review was a powerful four-year plan for the direction of the country. It is a plan to confront the bills from a decade of debt and to start rebuilding a sustainable future.

Make no bones about it, Labour has left this country with a staggering debt, in fact, every Labour government throughout history ends in financial failure, and May, 2010, was no different. Labour left the UK with shocking debt, racking up interest payments of £120m a day, more than the money spent on educating our children, paying for the armed services and transport, and that’s money going to foreign creditors. Such financial failure is morally reprehensible.

Where Labour failed in forcing the banks to pay their way, the Coalition will succeed by introducing a new Bank levy tax combined with controlled regulation. Highest earners will contribute more towards the country’s finances leaving the lowest earners to pay the least and be helped the most.

The Government has introduced a £7.2bn fairness premium, offering all disadvantaged two-year-olds early education care, a £2.5bn Pupil Premium helping the most disadvantaged school pupils, and a National Scholarship fund of £150m will be introduced helping those of the lowest incomes. More will be spent on education and £600m is to be spent on refurbishing and updating schools. And money for apprenticeships will double, introducing 75,000 more apprentices, and business will be supported by the regional growth fund, exemption from employee National Insurance contributions for new companies and phased lower corporation tax, so Britain throughout the world is seen as a place to do business.

There will be an extra £2bn funding for social care and upgrades in the basic state pension and key benefits for older and vulnerable people.

The Coalition Government will prioritise: the NHS, schools, security and infrastructure that will help our economy grow. And every decision taken will be shaped by the guiding principles of fairness, growth and reform.