12-Point Plan to Turbocharge Economy After No Deal

The Centre for Policy Studies have launched a new report setting out a 12-point plan for how to turbocharge the economy after a no deal Brexit. The plan includes numerous business-boosting measures including significant tax cuts for small businesses and ordinary workers, while lowering corporation tax to increase the incentives for larger businesses to invest. Tariffs are cut dramatically and free ports given the go-ahead.  A council tax freeze will also go down very well with voters…

The only question is how it’s all going to be paid for. The CPS say it can all be financed with a small short-term increase in deficit spending, keeping public sector net borrowing under the level of 4.5% of GDP it was at in 2014/15. As a leading German financial institute predicted just this week, if the UK handles no deal sensibly and slashes tariffs it can actually do better out of it relative to the EU…


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Quote of the Day

Emmanuel Macron comes over all euro-sceptic…

“We ended the day on what we can call a failure. It’s a very bad image we are giving of the Council and Europe, no one can be satisfied with what happened over so many hours. Our credibility is profoundly tainted with these meetings that are too long and lead to nothing, we give an image of Europe that isn’t serious. We cannot hold talks with world leaders, in an ever more violent world, and be a club that meets at 28 without ever deciding anything.”

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