Quote:
Originally Posted by Damien
It was the whole package of tax cuts without any spending cuts or a costing. Basically just saying let's ramp up the deficit and the debt and they're not convinced it'll grow the economy making the U.K a riskier place to keep your cash.
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Except that there will be spending cuts, that has already been made clear. The Civil Service is to be cut down, saving salaries and building costs. Those quangos still need extinguishing where they are not providing essential services as well.
It has been made clear also the the planning rules are to be streamlined to assist companies to build things faster. The Brexit benefits have not yet been tapped into and we will have a bonfire of the EU regulations that have been holding us back as well.
The increased growth from a whole raft of measures including those already outlined in brief will help us pay off the debt.