Going to be honest if they scrap it without tackling standard living No its bloomin suicide.
How many economist told them take the demand out country it tanks. When they finished this country will be lucky to be third world.
They also plans to scrap or looking reduce national minimum wage. Another stupid move while the standard living is this high.
http://www.telegraph.co.uk/news/9965...-suggests.html
I sure we got bunch thick rich boys who economic skills like 4 year old. They just sucking demand out the economy then wondering why its tanking