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Tories now getting tough on the economy

After months of mocking from the Labour Party about "secret" Tory policies regarding the UK economy, Shadow Chancellor George Osborne has today stepped forward with a raft of promises from a potential incoming Conservative party government. He has set out eight transparent benchmarks which he believes will allow the UK electorate, investors and businesses to monitor the progress he hopes to make if his party gains office.

This is the first time we have seen definitive plans regarding the UK economy from the Conservative party and it now places pressure on Gordon Brown to respond. The current government has made much of the fact that the Conservatives have been a little slow in coming forward regarding the economic policies but today that issue has been swept aside. So what will Gordon Brown do now?

The fact that the Conservative Party is set to implement a number of transparent measurements for the UK economy now places the focus back up on Gordon Brown's performance in this time as Chancellor of the Exchequer and Prime Minister. While there are obviously mitigating circumstances such as the economic downturn and the credit crunch it will make for a very interesting debate and some very interesting comments will no doubt be expressed.

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