Liberal Democrats have helped to restore the UK economy to pre-crash levels, figures released today show.
The UK economy has grown by 0.8% over the last quarter, ensuring that the UK economy has now returned to the same level it had before the banking crisis in 2008.
Commenting, the Welsh Liberal Democrats Assembly Member for South Wales West, Peter Black] said:
"Today is a big day for Britain. The rescue is working and Britain's economy is the same size as it was before the crash. This is fantastic news for people in Swansea, Neath Port Talbot and Bridgend.
"Delivering this recovery is why Liberal Democrats stepped up to the plate in 2010 and I am proud that we have helped rescue the British economy and get it growing at the fastest rate of any major economy..
"This recovery would not be happening without the Liberal Democrats, and it certainly wouldn't be happening as fairly. It is the Liberal Democrats who have delivered an £800 tax cut to help millions of people weather the storm.
"Now, as we move from rescue to renewal the Liberal Democrats are determined to make our economy even stronger and our society fairer - so that every single person benefits from the recovery and has the opportunities to get on in their lives."