Adam Smith Institute

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Brits need more than hot air from Boris

As Prime Minister Boris Johnson announces in his speech to the Conservative Party Conference his worry for the scale of interventions in the economy, the need to reboot the private sector, and fix the underlying weaknesses in the British economy, Matt Kilcoyne argues that we need concrete actions rather than more speeches on the matter:

"The economic interventions this year have been unprecedented, but broad support was needed as they introduced restrictions on trading to reduce the loss of lives from a novel virus. The Prime Minister is right to voice discomfort with public sector enlargement. The British people deserve more than just hot air though, the government must commit to a reduction in spending and a reboot of the private sector. To do that we must reduce the cost of employing people, reform the planning system, and reduce the tax and red tape burden on businesses. The private sector, which has borne the brunt of this crisis after months of state restrictions, must be allowed to create the jobs and our future prosperity."

To arrange an interview or further comment please contact Matt Kilcoyne via email (matt@adamsmith.org) or phone (07904099599)