With the bazooka being well-wielded by Sunak, it seems almost churlish to suggest some further things the Treasury could do. But here are three.
The Chancellor’s measures leave us well prepared to tackle its short-term challenges as well as helping to shape the long-term trajectory of the economy.
The Coronavirus will punch a hole in Sunak’s sums sufficient to throw levelling-up, Boosterism, Brexit bonuses – what have you – off course.
We can’t continue to favour projects such as Crossrail over developing infrastructure in other parts of the country which generate much greater relative returns.
My answer would be “maybe, provided the spending or tax cuts significantly improved our growth potential.”
Ministers have been asked to push the Government’s priorities – tackling crime, funding the NHS, “levelling up”. How can these be effected without faster growth?
The Government needs to listen to its critical friends and produce fast reform of this scheme to help Britain compete.
Its success in innovative industries is based on an R&D-intensive, novel-product-based, export-oriented business model. One that the UK should adopt.
Can have a bold enough economic policy that people in these newly gained seats can see the difference in five years’ time?
That’s a legitimate political agenda, and people are quite welcome to vote for it. But they deserve to know what’s coming.
We economic liberals should be cautiously thankful for the stay of execution that his leadership and manifesto have given us.
I hope that we will see more of the Chancellor during the campaign explaining how his plans can help support investment to boost productivity.
The fifth piece in our series this week about what the Tory Manifesto should look like.
The third piece in our series this week about what the Conservative Manifesto should look like.
The workers being promised fewer hours for the same money would also have to fund huge increases in the cost of public services.