PRITI PATEL: WHAT IS NEEDED IN THE SPRING BUDGET

"Time to be bold to boost Britain's growth and back workers"

 

Daliy Mail: 27th February 2024: Priti Patel writing about what she wants to see in the Spring Budget 

"With his spring Budget next week, the Chancellor has the opportunity to focus on delivering higher economic growth for Britain... To do so will mean addressing a series of challenges. As in most major Western countries, our economic growth has slowed, with productivity lower than we would want and the size of state spending and tax receipts rising to record levels. Here is my five-point plan..

First, we must go further in controlling and taming public spending....

Second, we need to ease the tax burden on families... 

Third, businesses need lower taxes...

Fourth, we need to unleash a new wave of supply-side reforms. Cutting regulation and making it easier to do business complements tax cuts and boosts productivity...

Fifth, the Government must make the case for an economy and society that embraces the low-tax, free-enterprise capitalist values that Conservatives believe in...

In the 1980s we took forward ambitious economic reforms by proudly making the case for a smaller State and greater economic freedoms. We made our country greater and took the British people with us by being clear about the principles and values we believed in...

The Chancellor and Prime Minister know how a Conservative Budget can promote freedom, enterprise and opportunity — and provide the leadership our country needs to be resilient, secure and successful."

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