The government came to power saying it would put jn an industrial policy. So far it has been running an anti industry policy for the UK. It is banning all new oil and gas drilling and development, running down this tax generating high pay industry faster. It is toughening the complete phase out and closure…
The government came to power saying it would put jn an industrial policy. So far it has been running an anti industry policy for the UK.
It is banning all new oil and gas drilling and development, running down this tax generating high pay industry faster.
It is toughening the complete phase out and closure of all factories making petrol and diesel cars.
It has failed to sure up some of the promised investments in electric vehicle manufacture, and not attracted new ones
It has promised lots of green jobs, whilst the wind turbines and solar panels are still imported
It decided to allow the closure of the UK’s last blast furnaces to make new steel
It allowed the closure of Grangemouth oil refinery
It launched a big tax attack on businesses with its National Insurance and iht increases
If it wants an industrial policy it needs to
Reverse its tax rises
Set a competitive Corporation tax rate like Ireland, which brings in more tax per head
Get energy prices down a lot by encouraging more gas power generation as baseload
Lifting the bans on oil, gas, ICE cars
Using its planned increase in defence spend to commission more orders from Uk based competitive production
