RE: Confidence boost29 Oct 2024 19:11
For an economy to grow there have to be incentives to invest and to work. That means lower personal and corporate taxes and also at the bottom end much higher basic tax thresholds and reduced benefits to restore the right balance between work and welfare. Over 5 years we should try to increase the basic personal allowance to 18,000 a year paid for by slashing “in work” benefits for people who are able but unwilling to work. In addition bureaucracy and planning restrictions have to be swept away. Of course not a cat in hell’s chance of this under Labour so sadly for the foreseeable future the UK is a busted flush!!