Liberal Democrats call for Treasury to be replaced with big growth department, and smaller spending department
Cooper says that some people wanted the Treasury’s powers to be tweaked, and others said the PM should have more power over economic policy.
But the Lib Dems were proposing a different plan, she said.
Today I can announce that we Liberal Democrats don’t just want to get rid of this anti-growth chancellor. We want to get rid of this anti-growth Treasury.
And as part of our plan for government, we would break up the Treasury and replace it with a new, powerful, full Department for Growth, with a mandate to boost long-term prosperity, improve living standards and end the cost of living crisis.
