Flatlining Britain
Peter Cook
Helping you balance the head, heart and soul of your enterprise for sustainable business in a better world. Keynote Speaker ? Consultant ? Mentor ? Scientist ? Musician ? Author @ Virgin, Bloomsbury, Routledge, Gower.
I was somewhat dismayed at Rachel Reeves' budget last week. Sure Labour have a lot of undoing to do, due to the mess left behind by 14 years of Tory mismanagement, spaffing and plain fraud, but I believe there were better choices to deal with our malaise as a nation. A major plank of this begins with the letter B ... but firstly, what's grinding my gears with Reeves' budget.
Labour's budget already breaks the promise of growth from the 2024 manifesto with official OBR figures showing that growth will peak in 2025 at 2% before falling back to around 1.5% later on towards 2029. Rachel states that she has had to do this as they did not know of the black hole in the finances, worth ￡9 bn, ￡22 bn or ￡40 bn, depending on which day it is.
A failure to grasp the nettle of Brexit is at the heart of this strategy to flatline Britain. Brexit is costing us ￡100 bn pa and ￡40 bn in lost revenue. Read our comprehensive 80 page white paper to begin the Rejoin journey by signing up for our occasional e-mails. For a preview, sign and share our petition. We need multiple signatures on this prior to launch of the white paper on Nov 11th.
Yes, Reeves' strategy does provide much needed support to the NHS at ￡22.4 bn. But a failure to support Social Care will provide additional burden on the health system due to National insurance hikes. Labour claim that they have not targeted individuals yet the NI rises will likely case a squeeze on wages and / or redundancies.
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Farming is already on its knees due to Brexit and the rise in inheritance tax will undoubtedly cause smallholders to go to the wall. Dr Charlie Clutterbuck, author of Bittersweet Brexit – The Future of Food, Farming, Land and Labour offers a comprehensive view of the opportunities available to us in farming, food and environment in our white paper.
All of the above is avoidable if only Labour will confront the Brexit elephant in the room. I am doubtful they will gain a second term if they continue along this path. Having claimed that they are dealing with the long term issues facing Britain, Labour are blind to one of the biggest issues we face as a nation, scared into submission by a bunch of racist thugs.
Rather than Flatlining Britain, let's Reboot Britain.
Join us on ZOOM on Monday November 11th at 8 pm for our launch event.
Seasoned Interim Executive | Strategic Transformation & Governance Leader | Expert in FTSE & NASDAQ Board Dynamics | Delivering Results in IT, Cybersecurity, and Business Services | NED Candidate | Speaker
3 周Peter A few days ago, I shared my thoughts on the recent budget: see: https://www.dhirubhai.net/posts/stevenwindmill_exclusive-amid-a-ferocious-gilt-selloff-activity-7258078732169396224-GX2d?utm_source=share&utm_medium=member_desktop. From a short-term lens, this budget certainly delivered a shock, one that markets were swift to reflect through volatility in gilts, equities, and sterling However, if we consider the broader economic landscape, we see an underlying prudence; the UK has stagnant inward investment, a notable dip in corporate capital flows, and diminished EU trade, the Chancellor’s tightening of fiscal controls reflects a realistic response to our structural challenges The underlying structural deficit - ￡40 billion pa economic drag attributed to Brexit - remains untouched, and it is this glaring gap that the budget and adjacent policies have sidestepped. The cost of Brexit, with its adverse impact on trade, investment, and economic growth, are a pervasive weight on the UK's fiscal health. This is more than a political choice; it is an economic liability that hampers long-term recovery and growth Even Nigel Farage, has now acknowledged that the economic reality has diverged sharply from his early Brexit promises
Enabling Development,Coaching York
3 周A helpful analysis which either directly or indirectly affects the pockets and businesses of everyone in the UK