“Pressure on family finances is reaching boiling point and people need help. That is why Liberal Democrats believe we should be cutting taxes for millions of working people across this country.
“The Liberal Democrat plan to make the first £10,000 you earn tax-free would deliver a £700 tax cut for ordinary working people — that’s an extra £60 of your wages every month.
“That’s why I believe we should do all we can to deliver faster tax cuts funded by increasing the amount paid by the richest. We’re targeting wealthy tax avoiders, we’re taking extra tax from the banks, and we’re stopping pension tax breaks for the super-rich”