How to stimulate economic growth in the UK

 

1. Increase the payroll tax by £25 billion, ensuring employers need to shed workers.
2. Increase the minimum wage substantially, ensuring employers hesitate to hire new workers.
3. Increase job protection rights from day one of employment, meaning if a worker proves unsuitable he can’t be dismissed even though he is costing a firm money
4. Ban new oil and gas production.
5. Set the world a good example by an impossibly early arbitrary target for net zero, ensuring UK manufacturers’ costs are too high to be competitive.
6. Insist that car makers produce more electric vehicles than anyone wants to buy, ensuring closure of car factories
7. Introduce an inheritance tax that will eliminate family farms and ensure productive agricultural land all passes into the hands of financial institutions
8. Do the same for family businesses to ensure that they are also driven out and take all their capacity for innovation with them.
9. Impose a sales tax on private school fees, forcing some school closures, transfer of pupils to the state education system, loss of teachers’ jobs, loss of invisible exports (foreign pupils).
10. Describe all the above as a budget for growth.

After such an intensive stimulus package, you can act surprised and complain that you are not satisfied with the next set of growth figures.