However, I do fear that in certain areas it hands too much power to a regulator which is just as prone to mistakes as those it supervises.
Posts by Lord Flight
Lord Flight is Chairman of Flight & Partners Recovery Fund, and is a former Shadow Chief Secretary to the Treasury.
Leaving is just the start: the next government will need to embark on a serious programme of reform.
Brexit also prompts the need for a single ID card regime. The Government could roll out a national scheme based on work already done by councils.
Keep them low where possible; find the optimal point on the Laffer Curve; avoid taxes which are expensive to collect; and undo the harm of Stamp Duty and Inheritance Tax.
Confessions of use in their youth by politicians raises the case for controlled legalisation – at least of ‘soft’ substances, if not yet of hard ones.
That means easing onerous planning restrictions and ending George Osborne’s misguided crackdown on buy-to-let landlords.
Howard Flight: The Party must have an elected Chairman – and local Associations that take back control
The truth is that the Conservative system was not broke before 1998 and didn’t need fixing; and that the 1998 constitutional reforms were a failure.
The Party must embrace innovation and free enterprise, put forward a strategy to drive down tax rates and reverse state action over individual freedom.
Whichever way the Prime Minister eventually goes, she will also continue to run the risk of splitting the Conservative Party.
Fear of both a Corbyn government and an enraged grassroots seems to be keeping Tory MPs together in the crucial votes.
What is needed is professional, third party review and analysis of expenditure, department by department, cutting out duplication and waste.
This Withdrawal Agreement would leave us half in and half out of the EU as a ‘vassal state’. It is a denial of the votes of 17.4 million people to leave the EU.
The Chancellor has been fortunate that the public finances have improved substantially at a particularly convenient time.
The Prime Minister will be under pressure to stand down if she doesn’t junk Chequers.
It is the spending that needs to be controlled and reduced, rather than taxes increased yet further.