Time for a handbrake turn

As our government careers to the May election cliff edge, U turns are not working and it is the time to apply the handbrake, reflect on our priorities, reset and carry on. We must act now to prevent a breakdown in social cohesion, rising unemployment and attempt to grow our beleaguered economy. 

Patience is running out, leadership of our country is result driven and just as we witness the departure of struggling football managers, the Labour party will act ruthlessly if the predicted collapse in the May elections comes to pass.

Trust and confidence are at all time low, and the people are craving inspirational leadership. The PM and the Chancellor must put the country before party and act now to Get Britain Building, harnessing the same opportunity that delivered growth and employment, following the Second World War and the 2008 crash.

An emergency budget may be necessary to deliver a range of measures to turn around the economy:

• An incentive scheme for first time buyers 
• Removal of stamp duty for people under 30 and over 66
• Reverse the NI tax on jobs 
• Scrap the inheritance tax changes for family businesses 
• Cease the unfair bias towards MMC construction at the expense of UK masonry manufacturers 
• Launch and support Made in Britain, through public procurement and incentives to make in the UK and support investment 
• Support clean heat incentives and discontinue penalties on UK boiler manufacturers 
• Introduce a salary rebate scheme for employers to part fund employees in their first 2 years of employment 

Without access to the advice of the OBR is not possible to calculate the financial impact of the above changes. Clearly, we need to balance the budget and avoid additional borrowing. If required we believe the electorate are ready to accept a small increase on income tax, in exchange for jobs and growth and social inclusion.