20 August 2007
Last Friday the latest Conservative policy group unveiled its detailed report into the competitiveness of the British economy. John Redwood MP and Simon Wolfson, Chief Executive of Next, co-chaired this group which has come up with a raft of policy options for reinvigorating Britain's economic prospects.

After ten years of Labour so much needs to be done. Gordon Brown has presided over a massive expansion of taxation and regulation. As a result many people have missed out on the economic benefits of a growing global economy.

5.4 million people of working age are without jobs. We have had higher interest rates, more public borrowing and less growth than the leading economies of the world. The prosperity gap between London and the rest of the country has grown much larger over the last ten years.

We need to liberate British business. As John Redwood has pointed out the burdens on business and on individuals have increased under Gordon Brown when Chancellor. Now as Prime Minister he claims to be keen to reduce these burdens. But he has changed nothing and has no intention of doing so.

It is the Conservatives who are showing leadership and putting forward ideas to change Britain for the better.

You only have to look across the Irish channel to see how lowering tax and regulatory burdens on business has a multiplying effect on the economy from which all can benefit.

At the next election, whenever it comes, people will be faced with a clear choice between a better Britain under the Conservatives or more of the same under Gordon Brown.