00:00Under the Conservatives, the UK economy was leading the G7.
00:04Growth was strong, inflation was under control, and more people were in work than ever.
00:08But under Labour, things look very different.
00:11Growth has stalled, inflation is creeping up, and unemployment is rising.
00:15Before the last election, Rishi Sunak warned about Labour's plans for higher taxes.
00:20Now those warnings are becoming reality.
00:22The Chancellor's refusal to rule out tax hikes last week has already shaken the markets.
00:27£22 billion was wiped off the FTSE in minutes.
00:32That's not just numbers on the screen, it's real money, affecting pensions, investments and jobs.
00:38Here in Wales, we're feeling the impact.
00:40The last round of Labour's tax increases left £72 million whole in our economy,
00:46and yet the Welsh Labour government hasn't stood up for us.
00:49They're letting Westminster call the shots, no matter the cost to Welsh families and businesses.
00:54But it doesn't have to be this way.
00:56The Conservatives have a plan.
00:58Create jobs, cut waste and make work pay in Wales.
01:03In Wales, we'd scrap the land transaction tax and cut income tax by a penny,
01:07putting money back in your pocket and giving our economy the kickstart it needs.
01:13Wales and the UK work best when governments live within their means,
01:18support businesses and reward hard work.
01:21That's the choice we face.
01:22More broken promises, an economic decline with Labour,
01:26or a fresh start with a Welsh Conservative government that puts people first.
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