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…
Remainers accuse Brexiteers of chasing mythical unicorns with unattainable policies. Now a right-of-centre think-tank is actually advocating “Herding Unicorns“. The Centre for Policy Studies wants to boost the tech sector of the economy to help ensure Britain (already the tech unicorn capital of Europe) produces even more tech unicorns – high-growth tech companies valued more than £1 billion.
The “Unicorn Visas” will please little Miss Fawkes immensely…
Wonk world transfer news: the Institute of Economic Affairs is making some staff changes. Nerissa Chesterfield is being promoted to the role of Head of Comms from the role as Comms Officer following Steph Lis moving to work for Dominic Raab. Nerissa previously worked at Vote Leave and Business for Britain. Kate Andrews has been appointed as the IEA’s Associate Director, overseeing communications, digital outreach, public affairs, and the FREER initiative. Kate has served as News Editor of the IEA for the past two and a half years. Big promotion for 28 year-old Kate Andrews…
Andy Mayer is joining the senior management at the Institute of Economic Affairs as Chief Operating Officer. Andy joins the IEA after 7 years doing public affairs for BASF plc. What will confuse remainiac conspiracy theorists even more is that Andy previously worked for the European Movement, voted Remain and is a former LibDem activist. Evidence of his hard commitment to the EU can be seen in these decades old pictures…
Newsnight’s Chris Cook comparing the IFS, Kings Fund and the Institute for Government accused the Institute of Economic Affairs of being in a category of think tank that was “more likely to employ and publish people with more limited expertise.”
Let’s check out that ‘limited experience’…
Can BBC Newsnight boast anything close to that quality?
Cook praised the young Institute for Government, which is an establishment packed, civil service friendly talking shop which may have some interesting output but has no plans to shake up the world. It is the latest political play thing for billionaire centrist Lord Sainsbury of Turville, who previously has funded such outfits as the Social Market Foundation and Progress. Guido has searched in vain for one single nobel prize winning writer on their books…
The TPA’s Chloe Westley asked Corbyn’s core voters in his Islington constituency whether they would like to pay more tax. Then she gave them the chance to put their money where their mouth is…