The government must cut income tax, abolish corporation tax and cut VAT and business rates to fuel a post-Covid “super-recovery”, a group representing family-owned firms has said.
“The UK is at an economic crossroads between prosperity and long-term relative decline. It is vital it chooses the right path,” John Longworth, chairman of the network, said. “This package sets out a clear agenda to allow family owned and run businesses . . . the cover they need to drive us out of this economic Armageddon.”
The proposals include a five-point plan that would require a two-thirds parliamentary majority for any further lockdowns and MPs to be presented with a cost-benefit analysis of the impact of social restrictions, including on other health problems.