The leading company in review, taxes and consultant Blake Rothnberg, Chancellor, Rachel Reeves, calls for a reconsideration of its approach to strengthening the British economy.
According to partner Simon Gleeson, the current focus of the government is on large and long -term infrastructure projects ignores political and economic facts.
“The chancellor gave a speech today to determine its plans to improve the growth of the United Kingdom,” said Glyon. “However,” growth “seems to have become a comprehensive term that avoids the real challenges facing major infrastructure initiatives, such as HS2 and cost excesses.”
Glyon asked about the authority to tell “the pain of the chancellor in the short term and the long -term gain”, noting that the main projects such as a third runway in Heathrow may take a decade. Likewise, the creation of “Silicon Valley” between Oxford and Cambridge is a long -term commitment that requires major public investments. He added: “These are major pledges when the so -called” 22 billion pounds sterling a black hole “is part of the economic conversation.”
Instead, Gleeson has argued that the advisor should give priority to policies that could generate immediate and sustainable growth. “The UK economy runs,” he said. “NIC’s re-thinking can be the” Mea Culpa “for the government-which led to the strengthening of the wrong and a quick solution, rather than focusing on the long-term ambitious goals.”
He explained that these national insurance contributions will be suspended and reviewed positively affecting family income, creating job opportunities, and raising young generations, including trainees and new graduates. “Opening investment from pension funds and canceling restrictions in business is also more realistic ways to create job opportunities and install the working class income,” Gleson said, with a focus that any uncertainty may harm both individuals and companies.
The audience continued, Glyon continued, “tired of hearing the” last government “, and now needs concrete measures from the current administration. He said,” Blame and talk only about the future, not enough for long -term goals. “” We need a clear and immediate economic strategy that provides concrete results .