Against This Difficult Backdrop, The Uk Has Achieved The Third-fastest G7 Growth Rate Since 2010. Alongside The Restoration Of The Public Finances, We Have Created Four Million New Jobs And Cut Taxes For Workers And Pensioners Alike.
Inflation Has Been Reduced From 11.1% To 2.3%, Below Euro Area And Us Levels, And Debt As A Share Of Gdp Is Set To Start Falling Next Year.
It Is Now The Fact That The U.k. Economy Is Growing Faster Than The Economies Of Germany, France, Italy, And The United States. Real Wages Have Also Continued To Rise Over Seventy-six Months. Our Strategy To Cut Debt, Grow The Economy And Lower Inflation In Half Is Working.
A Strong Economy Is The Critical Platform Upon Which All Future Achievements Need To Be Pursued. Our Team Has Developed A Strong Strategy To Take The Decisive Moves Needed To Have That Done.
Conservative Party Manifesto 2024 PDF Free Download
We Inherited A Shattered Economy In 2010, When Labour Was Admitting There Was “No Money.” As We Have Seen, Our Generation Faces Down Three Global Economic Shocks—the Fall-out From An International Financial Crash, A Global Health Crisis, And The Most Severe Energy Shock Since The 1970s.
Our Finances, Post-2010, Enabled Us To Step Up When People And Companies Needed Us Most In The Face Of Covid And The Energy Shock, With Over £400 Billion In Support. That Was Because The Deficit Was Brought Down From 10.3% Under Labour To 2.1% On The Cusp Of The Pandemic.
Reducing Borrowing And Debt Seems The Only Thing That Will Give People The Reassurance That They Are Going To Have It Within Their Government’s Capacity To Help Them Once More In The Case Of This Happening Again. By Contrast, We Could Let Borrowing Run Out Of Control, Forcing Up Interest Rates And Inflation, And Passing The Bill Onto Our Kids And Grandkids.
In The Next Parliament We Will Deliver Our Fiscal Mandate: Borrowing Falls To Below 3% Of Gdp, And The Share Of Public Sector Net Debt Falls By The End Of The Forecast Period Cycle. The Measures In This Manifesto Are Fully Costed And Would Deliver Such A Reduction In Borrowing In 2029-2030, The Year Our Fiscal Rules Are Targeted To By The First Fiscal Event Of The Next Parliament.
There Will Always Be Business People Within The Conservative Party. The Private Sector Is What Will Bring In The Money, Growth, And Chances Of The Future.
Hence, Our Economic Plan Is Built On A Tax System That Makes Businesses Want To Spend. Hundreds Of Business Leaders Have Called It The Single Most Transformational Thing That Has Ever Been Done To Boost Growth And Investment In Britain.
But We Know We Need To Go Further. So, We Will Do What We Can To Extend Full Expensing To Cover Also Leasing As Soon As Possible Under The Tax Law. We Will Also Not Allow An Approach That Leads To Increased Business Taxes.
We Will Abolish The Main Rate Of National Insurance For The Four Million People Who Work For Themselves, The Smaller Businesses. We’ll Back The Risk Takers And The Businesses Who Help Drive Our Economy.
The Uk Is Becoming The Best Place In The World To Start Or Grow A Business. This Is Because Small And Medium Sized Businesses Are Very Important To Our Economy. We Have Great Foundations: World-class Talent, A Law System Admired Around The World, And Rules That Are Friendly To Business.
We Are Supporting Businesses Through A £4.3 Billion Business Rates Support Plan For Companies In The Next Five Years To Help Small Companies And The High Street.
We Want To See Small Businesses Win More Of These Public Contracts, And We Have Overhauled The Public Sector Contracting System So More Small Suppliers Benefit.
We Made It Easier And Cheaper To Hire An Apprentice For A Small Business. And We’ve Freed 28,000 Small Businesses From Paying Vat Altogether By Increasing The Vat Registration Threshold To £90,000. In The Next Parliament We Will Provide A Ten Point Plan For Smes: