Have we got to the stage where it is now considered beyond the pale to employ the services of an accountant or advisor to minimise one’s tax bill?
Recent governments have strained to take ever-larger numbers out of income tax whilst maintaining a large welfare state. The problem is whether this is sustainable.
Over this period, the UK’s economic growth was level with the US’s and exceeded the other five members of the G7. In other words, on international comparisons, we did well.
I would break this down into three broad and interconnected areas. How do we improve accountability? How do we embrace new technology? And how do we allocate resources more effectively?
Is he fated to be a fire-fighter, a leader grappling with crisis? Or can he find the political space to deliver a more personal message – perhaps to do with education?
If we are to grow as a nation and pay for public services we need to encourage entrepreneurs and support businesses – not make life harder for them and kick them in the teeth.
As a former Brexit Secretary, I know that we can use our Brexit freedoms to achieve incredible things. Changes to EU regulations in our five growth industries will mean that we can deliver the very best for our great country,
We now have created a situation where the OBR is effectively setting the immediate stance of fiscal policy. If economic expectations are poor, the finances look poor, so austerity or tax hikes follow – but these in turn make the economy and finances worse.
There is a limit to what can fairly and sensibly be achieved by raising other taxes and cutting public spending – especially when it comes to pay.
There are 227 NHS trusts in England and if they all spent the lowest of these figures, £231,611, the total cost would be £52.6 million. 1500 nurses could be employed for that sum.
When I was responsible for the £600 million a year London Development Agency, I was shocked at how much management focus was just on getting money out of the door.
The recent history of the Conservative Party and the country is the ultras have had their way on both policy and personnel. The result – for both party and country – is now clear to see.
Some Tory members would see such a development as nothing less than an establishment coup: as a conspiracy of bad actors working together to win revenge for Brexit.
The ineptitude of its start has contaminated voter views of centre-right values as well as the Conservatives’ opinion poll ratings.