Commenting on the re-appointment of Ken Clarke to the Conservative Shadow Cabinet, former Liberal Democrat Treasury Spokesperson, Malcolm Bruce said: "It is extraordinary that Ken Clarke is being hailed as an asset to the Conservative party considering his record as Chancellor.
"His tenure at the Treasury included the abolition of student grants, the introduction of VAT on fuel, the doubling of national debt and his refusal to support an independent Bank of England.
"He planned the spending cuts which the incoming new Labour Government implemented with corresponding damage to health and education services."
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