Matthew Barrett

Civitas recently set out some recommendations for George Osborne to boost economic growth:

  • Reduce company taxation
  • Eliminate unnecessary workplace regulations
  • Reduce the cost of energy
  • Cut personal taxes to make it easy to start new businesses
  • Focus on manufacturing for export-led growth
  • Intelligent procurement – give more government tenders to SMEs
  • Reduce imports, to lessen the the import-export deficit
  • Bank reform
  • Focus on the manufacturing sector as a whole, not just research and development
  • Apply a public interest test to all foreign direct investment
  • Be more selective in giving government assistance to companies, based on clear tests

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