Re: So here we are....
Hi
Well now we know at least some of the plan.
We are to become a Tax Haven, Corporation Tax is being cut to 15%, the lowest in any of the large economies.
The BoE is pouring money into the economy by issuing Gilts and buying them back itself, in other words just printing money.
How much it is printing we do not know yet, just that it is up to £250 Billion.
Proposals being talked about, well there are two main ones.
Abolishing VAT on financial services in the City.
Making the Labour Market more flexible.
As we reduce immigration from the EU, cheap labour will cease, wages will rise, making our exports more expensive and less competitive.
To balance this we need to reduce the cost base, aka, fewer labour laws.
Interestingly, none of the contenders for the Conservative Leadership are offering a General Election, they are all saying that they have an existing mandate.