Web Analytics Made Easy - Statcounter

This news has been received from: the-sun.com

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

mail: [NewsMag]

WHEN attacking Margaret Thatcher during one of her last speeches in the House of Commons, Labour and the Lib Dems alike revealed their true colours – they would rather the poor were poorer, provided the rich were less rich.

But Mrs Thatcher had a clear vision. If you were working during her time in office you became better off than you were in 1979, you had a better chance of buying your own home than ever before and you saw government get leaner and more focused on what really matters.

2With the right visionary at the helm, our economy can bloomCredit: Getty 2Rishi Sunak could benefit by looking to the zeal that Margaret Thatcher's Government hadCredit: Getty

From 1997, that changed. Government lost its visionary zeal.

The ideas for economic growth, home ownership and a focused state were forgotten.

It’s time to turn it around.

That’s why, this week, more than 40 Conservative MPs launched the new Conservative Growth Group.

Turning a corner

We look forward to supporting the Prime Minister and the Government in delivering the medicine that our country needs now and making the case for the Conservative belief that business, enterprise and aspiration creates wealth and success, not government taxing people and spreading that money around.

I know it’s a tough time. The Government is right to want to tackle inflation — but the Governor of the Bank of England now says we’re turning a corner.

We should go for growth by slashing red tape, targeting cutting taxes and refocusing the state.

It is self-fulfilling. It will grow the economy. And a bigger economy means more revenue is coming in to pay for public services.

Most read in The SunFINAL TALKS GMA's Amy & TJ to face off with ABC execs at NYC mediation ahead of 'exit'new dawn Al Roker prepares to say emotional goodbye as wife Deborah says 'we'll miss you'SISTER SUPPORT Jill Duggar breaks silence on sister Jinger bashing their 'cult-like' family'INNOCENT SOUL' Heartbreaking obit reveals new details about girl's life after body found

As Environment Secretary, I pushed forward a dozen “hacks” that would back our own farmers, cut costs for shoppers and — yes — grow the economy.

From changes to food labelling to wine regulations, there are similar Brexit “quick wins” across the whole of government to boost growth.

We all want to back our public services, but spending more of your money only goes so far.

We are spending almost £500million a day on the NHS, but that is no good to you if you can’t see a doctor when you need to.

It might sound like a minor ailment, but to help the NHS right now we need to scrap the “Doctors’ Tax” on pensions — tax rules that mean medics and others are hit by huge tax bills for taking on extra hours or retiring later in life.

This would help us retain and attract more doctors into work.

By scrapping the lifetime allowance on everyone’s pensions, and not taking away the tax-free allowance on earnings over £100,000, we would halt our most qualified doctors taking early retirement and make sure you get the care you need.

Improving our quality of life requires new homes, and it would boost the economy too.

We need the right homes, in the right places, with the right infrastructure.

Who should decide what’s right? I think you should, don’t you?

Wherever new homes are put forward, the downsides are mainly felt by the residents nearby and the benefit spread all too thinly across the country, so it’s no surprise that no one is arguing for homes to be built anywhere near them.

What would be wrong with slimming down the bureaucracy and giving people most affected their own “new homes bonus” directly, rather than — for example — filling bus company pockets for buses that are never used and get binned as soon as the one-off funding runs out?

Those of you with children will know the difficulties of finding the right childcare. Even here, tax cuts could help.

Instead of the Government dictating how many hours of free childcare you get and who you can get it from, how about tax reliefs so you and your spouse can pay for the childcare you want, from who you want?

Or one parent could stay at home, allowing the other to work extra hours, if that’s what you want to do. Instead of one-size-fits-all from Whitehall, you should decide what works in your household.

More is possible

With lower taxes on business too, Britain will be more competitive and attractive to foreign trade and investment — and that means better jobs and higher wages, more exports to the world and lower prices at home.

When I was trade minister, we had agreed trade deals with 71 countries worldwide, covering trade worth more than £800billion in 2021, so I know businesses are manufacturing in Britain and selling to the world.

And if we join the Trans-Pacific Partnership and sign deals with both India and the Gulf Cooperation Council, even more is possible.

Given that the economic situation is better than some expected, perhaps now is the time to look again at the business tax hike from 19 per cent to 25 per cent?

Margaret Thatcher had a great vision for this country. She set us on a road — the road less travelled in the Western world — towards higher growth, higher wages and better lives.

Read More on The US SunMOB'S FALL How US & Sicilian mafia have been ousted by cartels & Eastern European gangstersBAD ROMANCE Warning over seductive AI that can catfish you and then steal your life savings

There are no easy decisions in politics, but now is the time to continue that course.

The Conservative Growth Group is just getting started.

Topics
  • Childcare issues
  • Conservative Party
  • Economy
  • Housing crisis
  • Opinion
  • The Sun Newspaper
  • UK Politics
  • Margaret Thatcher
  • Rishi Sunak
YOU MIGHT LIKERECOMMENDED FOR YOUMORE FOR YOUMore from The SunSPACE SPOUSE

Everything to know about Buzz Aldrin's wife Anca Faur

Exclusive'NO GENIUS'

'Fantasist' Idaho '"killer" returned to scene to live out dream,' expert claims

ExclusiveDARK DRAWING

Final picture murdered JonBenet Ramsey drew miraculously returned to her dad

ExclusiveDADDY'S LESSONS

Haunting signs from inside Serena Williams' crumbling childhood home

Follow The SunServices
  • Sign Up To The Sun
  • About Us
  • Editorial Complaints
  • Clarifications and Corrections
  • News Licensing
  • Advertising
  • Contact Us
  • Help Hub
  • Topic A-Z
  • Cookie Settings
  • Contact Preferences

© 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP

News Source: the-sun.com

Tags: childcare issues conservative party economy housing crisis opinion the sun newspaper uk politics now is the time boost the economy margaret thatcher the conservative grow the economy more is possible more is possible the conservative public services with the right the government the government with the right higher wages to the world allowance extra hours returned rishi sunak

Next News:

Other News