Lib Dems 'providing hope' - Clegg

Mr Clegg says measures like the VAT cut will not work

The Lib Dems are offering a "sense of hope and direction" for people suffering in the current economic climate, Nick Clegg has said.

On the first anniversary of his election as leader, Mr Clegg said his party had taken the lead on the economy and other key issues affecting the UK.

He is outlining plans to scrap Labour's 2.5% cut in VAT and spend the