Civitas offers Government a growth manifesto
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
To read the whole report, click here.
Comments