“We must rebuild a consensus for the liberal market economy as the best way to deliver future prosperity.”
The new Office for Students must lead in this. There must be sanctions from the new regulator for those universities who are failing in this regard.
Even in lefty France, socialist policies are now being dumped by Emmanuel Macron in favour of free markets. Now is the time to develop our next round of big ideas.
In the post-leave springtime, it will be worth considering what would happen if all three were abolished and replaced by a single Turnover Tax.
After our recent series asked ‘What should Tories tax?’, the Adam Smith Institute’s Head of Research kicks off a new mini-series seeking routes to lower taxes.
Reversing the decline of collective bargaining would help to curb extortionate executive pay, under-investment and short-termism.
Countries with which we strike future trade deals – the top priority for Party members according to our survey – should be treated more favourably than those with which we don’t.
Unless we change how we think, speak and apply lower taxes, the Labour cry of ‘tax cuts for the rich’ will remain a powerful slogan.
If we do, we could reverse at least some of the six per cent hit to GDP it has caused so far. If we don’t, we could continue to lose productivity growth of 0.2 per cent a year.
The digital revolution throws up a legion of big policy questions – from the ethics of AI to stopping terrorism online. We can make a start by getting the facts right.
These practical recommendations outline how EU migration could be sharply reduced while preserving access for employers to the best and brightest from across the EU..
Economically, it could be transformational, as it has been in Norway, which established its fund back in the early 1990s. It is now worth over a trillion dollars.
Doing so would reduce crime, improve tax revenues and boost productivity.
If the Conservative Party is to remain successful, we must solve Britain’s productivity puzzle and deliver a tangible financial boost for voters.
In the final article of our mini-series, the Onward Director says that there must also be a new strategy to help boost Britain’s productivity rate.