The Growth Commission @TheGrowthComm Twitter profile

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The Growth Commission

19 hours

EVENT NEXT WEEK: Please find details below for our event on Wednesday 9th October with @ShankerASingham @DanielJHannan and Rod Richardson considering how an EU-style Carbon Leakage Mechanism would hinder growth in the UK. N.B. An RSVP is required.

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The Growth Commission

@TheGrowthComm

1 year

The group will use new economic modelling to better project the effects of certain policies 5, 10 and 20 years down the line. Their paper pointed out that growth is key to solving the current cost of living crisis.

Truss launches 'mojo' mission in returns to Westminster with Growth Coalition

The former Prime Minister attended the launch of her new pro-growth outfit this morning, bringing leading economists together to help get Britain out of its downward spiral.

www.express.co.uk

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The Growth Commission

@TheGrowthComm

1 year

‘Averaging 3% growth over 20 years would mean £15,000 more per person and additional tax revenues of £670bn.’ The Growth Commission argues that consistent growth levels of 3% are achievable and would significantly improve individual wealth. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

🚨 NEW: The Growth Budget shows another way of looking at the economy which will lead to growth. Years of stagnation is not yet inevitable. 📰To know more read the write up on @Bloomberg

Cut Taxes, Reform Planning to Rescue UK Growth, Economists Say

Britain will be condemned to decades of near stagnation unless it moves to a new economic model of lower taxes, more flexible labor markets and a reformed planning system, according to a group of...

news.bloombergtax.com

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The Growth Commission

@TheGrowthComm

7 months

❗️We have calculated that new Carbon Taxes (CBAM) would cost the average household £2400 during its implementation period. @ShankerASingham told the @Telegraph : "We are concerned this will pile on costs to the UK consumer, on top of historically high

Tory backlash over Hunt’s Brexit carbon border tax

Chancellor to back duties on imports including steel, cement and fertilisers from countries with lower green standards

www.telegraph.co.uk

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The Growth Commission

@TheGrowthComm

11 months

NEW: Based on the Chancellor's hinted measures, we estimate the UK is still set for economic stagnation. ❓But could the Autumn Statement still create further growth? Tomorrow we'll analyse what the full measures mean for the UK economy. Understand what to expect ahead of

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The Growth Commission

@TheGrowthComm

11 months

This is what growth looks like #GrowthBudget 🙌 Read it here 👇

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The Growth Commission

@TheGrowthComm

11 months

🚨We will be running the numbers using our Growth Model on today's Autumn Statement measures to get their impact on growth for the short and long-term. 📉Stay tuned to our feed to get our latest analysis.

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The Growth Commission

@TheGrowthComm

1 year

"Growth in GDP has not been explained well to the public. Many think a measure of total output amounts to little more than economic jargon. If, over 25 years, we dial up the growth rate from 1.5% to 2.5%, we all will be £12,000 a year richer at the end."

It’s time we were told the impact economic policies have on growth

Encouraging economic news is thin on the ground at present. We are facing what seems to be a perfect storm of high inflation, exorbitant taxes, spiralling debt

www.thetimes.com

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The Growth Commission

@TheGrowthComm

8 months

Here are some of the suggestions we have calculated will grow our economy by 23.4 % GDP per capita by 2044.⬇️ 🧮Our budgets add up incremental GDP per capita changes in tax rates and regulatory reform to move the UK into a high growth country.

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The Growth Commission

@TheGrowthComm

1 year

‘The first two decades of the 21st Century have seen slower growth than the final three decades of the 20th Century.’ The Growth Commission aims to change the economic conversation, investigating the causes of this sluggish economic growth. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

🚨Lack of Corporate Tax cuts is missed opportunity for growth. A Corporation Tax cut to 19% as calculated in the Growth Budget (3.2% by 2044) would double the growth effect of the Autumn Statement's Full Expensing measures. The Government's Full Expensing leads to some growth

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The Growth Commission

@TheGrowthComm

11 months

We have put together a #GrowthBudget with carefully costed proposals that we believe will put the country back on the track to growth 🚀

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The Growth Commission

@TheGrowthComm

11 months

We need a new plan and a new path toward prosperity. We need a #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

7 months

The Growth Commission Spring Budget Event

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The Growth Commission

@TheGrowthComm

11 months

📈In our Growth Budget we propose that the Corporate Tax hike from 19 to 25% should be reversed and eventually reduced to 15%. 🗓️On Tuesday 14th November we'll be publishing our full Growth Budget 2023 with a range of policy proposals geared towards economic growth.

The Telegraph

@Telegraph

11 months

📃Slash corporation tax to boost UK economy by 3pc of GDP, says Liz Truss taskforce

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The Growth Commission

@TheGrowthComm

11 months

The Growth Budget Event

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The Growth Commission

@TheGrowthComm

1 year

‘Post-Covid, the UK is one of the few economies where GDP per capita is falling.’ Our Commission aims to analyse how policy decisions are affecting GDP per capita. We will then investigate what GDP per capita gains are actually possible. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

1 year

To find out more, read the full Growth Commission Report: The Growth Challenge: The decline in GDP per capita growth in advanced economies #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

8 months

NEW: We are publishing our Spring Growth Budget on Tuesday 27th February, 11am. 🗓️To attend our Spring Growth Budget event in Westminster please register your interest by emailing: operations @growth -commission.com

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The Growth Commission

@TheGrowthComm

1 year

The Growth Commission will begin by using its newly developed ‘Growth Commission Model’. We’ll be releasing reports and covering fiscal events like the Autumn Statement. #TheGrowthCommission #GrowthCrisis Sign up for updates:

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The Growth Commission

@TheGrowthComm

1 year

A major economic crisis awaits unless we escape the low-growth trap

‘Sensible’ economics have landed Britain in a worse state than after the mini-Budget

A major economic crisis awaits unless Tories escape the low-growth, high-tax trap

www.telegraph.co.uk

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The Growth Commission

@TheGrowthComm

11 months

If we want to see growth, we must reduce taxes #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

1 year

"The commission wants to develop an economic model showing how far tax and regulatory policies relating to energy, land, transport and housing have stunted growth. It also wants to examine whether a bigger state has contributed to the stagnation in GDP."

Liz Truss seeks to revive her ‘pro-growth’ agenda with economic project

New commission will set out case for tax and competition reform, popular on Conservative right

www.ft.com

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The Growth Commission

@TheGrowthComm

7 months

🚨Our numbers show there will be a £376 rise in the tax burden for every household by 2025. @DMcWilliams_UK

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The Growth Commission

@TheGrowthComm

11 months

📽️We'll be livestreaming our Growth Budget event on 14th November at 11 am on X and LinkedIn. 📈Follow us to stay tuned.

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The Growth Commission

@TheGrowthComm

1 year

. @DMcWilliams_UK 🗣️"One of the things that makes the economy so sclerotic is the lack of competition in so many sectors.. If the UK is to return to rates of economic growth comparable with the past, better regulation needs to become a major policy theme"

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The Growth Commission

@TheGrowthComm

1 year

NEW: Read our latest reports which reveal the hidden £143bn regulatory burden on businesses, slowing down our economy. Read now 👉

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The Growth Commission

@TheGrowthComm

7 months

Our Commissioner and trade expert @christinemcdan on the EU Carbon Tax which we calculate would increase household bills by £2400 at least over the course of its implementation:

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The Growth Commission

@TheGrowthComm

11 months

We must reform planning rules to build the homes a growing economy needs #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

7 months

We could lose £5bn in tax revenue and 0.5% GDP if we abolish Non Dom status 📰Read our latest analysis on the impact of abolishing Non Dom on the UK economy by @DMcWilliams_UK in @DailyMailUK ⬇️

Premier League footballers could leave UK if non-dom tax is scrapped

The study by an independent group of international economists says such a move by Chancellor Jeremy Hunt in the Budget would be 'highly risky'.

www.dailymail.co.uk

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The Growth Commission

@TheGrowthComm

1 year

"The future of combatting climate change lies in technological progress and economic growth." Commissioner Tyler Cowen highlights the Growth Commission is looking beyond just economic growth, to the global impacts that can be achieved. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

10 months

Planning and Housing reform could make up to 6.4% GDP Growth or £3,091 GDP per capita by 2044 according to our Growth Budget. Find out other ways to get the UK economy growing again by reading our Growth Budget ➡️

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The Growth Commission

@TheGrowthComm

1 year

Without the productivity gains that drive growth, it will be impossible to deliver a sustained increase in living standards. Without the extra tax revenues that growth brings, it will be impossible to meet the increasing demands for better public services

Growth is hard work but it’s only way out of Britain’s grim situation

The economic picture in Britain is still grim, and a recession has not gone away. Perpetually moving money around is not the answer, we need to dig deep and boost productivity, writes Julian Jessop.

www.express.co.uk

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The Growth Commission

@TheGrowthComm

1 year

Our Co-chair @ShankerASingham explains the knock on effects of of bad regulation to the UK's core arterial sectors which are "The lifeblood of our economy" - resulting in expensive energy, lack of infrastructure and slow growth.⬇️📺

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The Growth Commission

@TheGrowthComm

11 months

National insurance cut will reduce taxes by £10bn and increase growth by 0.6% over 20 years. However The raise in Income Tax thresholds has increased tax by £30bn and we estimate this will reduce growth by 1.3% in 20 years.

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The Growth Commission

@TheGrowthComm

1 year

"Wealth is very hard to create and very easy to destroy. If you make the wrong policy choices, destruction can be rapid." Commissioner Shanker Singham warns about dire consequences of policy errors on economies and on individual wealth. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

This is what a smart green plan looks like #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

8 months

We can't get economic growth overnight. A long term commitment to a long term plan for growth is the only way to move the UK away from #recession . The Growth Commission has outlined and will continue to suggest long-term policies, tax rates + regulatory reforms to get the UK

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The Growth Commission

@TheGrowthComm

11 months

The Post Autumn Statement Analysis

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The Growth Commission

@TheGrowthComm

1 year

Speaking on our panel are Douglas McWilliams, Shanker Singham, Tyler Cowen and Christine McDaniel. Stay tuned to hear from them on the key insights on our first report @DMcWilliams_UK @ShankerASingham @tylercowen @christinemcdan #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

1 year

Join us as we live-tweet alongside the exciting events of today’s Growth Commission launch! You can find out more about the Commission and our work here: #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

1 year

🗣️ @DMcWilliams_UK A 9p stealth tax is leaving voters unaware they are worse off because of a secret tax worth £75 billion this coming 2027-28 tax year. Our Co-chairman Douglas McWilliams explains all in @thisismoney ⬇️

Millions of workers face 9p in the pound tax raid

It puts Britain on course for the highest sustained level of tax revenues as a share of the economy since the Second World War.

www.thisismoney.co.uk

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The Growth Commission

@TheGrowthComm

1 year

Thank you to all our of attendees who joined us today at official launch of The Growth Commission! Let's change the economic conversation. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

9 months

A reminder - our Growth Budget back in October detailed a variety of tax cuts and their effect on GDP per capita. From the below tax cuts we could expect 4.7% GDP Growth or £2,270 GDP per capita by 2044.

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The Growth Commission

@TheGrowthComm

7 months

Ahead of the Spring Budget, Growth Commission Co-chairman @DMcWilliams_UK gives his take on what to expect and what we should hope for tomorrow ⏬ 🗣️"At this stage unless he does something radical on public spending which we would recommended, he's going to be boxed in by not

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The Growth Commission

@TheGrowthComm

11 months

The UK economy can return to the path of growth with our #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

1 year

'We see it as our function to express and make explicit the cost of policy choices. We’re in competition and need to implement the right policies now' The Growth Commission defines their mission and aim to establish competitive advantage. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

📅We will publish our Growth Budget 2023 on 14th November 2023 which will include: ➡️Analysis of the UK economy ➡️Regulatory reforms ➡️Public spending & their effects on GDP per capita over the course of 10, 15 & 20 years. Learn more:

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The Growth Commission

@TheGrowthComm

11 months

We must embrace new technology to see growth #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

5 months

💬"Carbon Tax is going to take several years to figure out, but we have to go back to first principles, because once we start stepping away from that, we are spiralling into a very nasty trade war." Our US-based Growth Commissioner @christinemcdan explains what Carbon Border Tax

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The Growth Commission

@TheGrowthComm

8 months

In November we outlined a budget that would increase GDP per capita to move us away from a #recession . Our long-term plans would inject 23.4% GDP per capita growth back into our economy. We will publish new research and recommendations to get the UK growing again on 27th

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The Growth Commission

@TheGrowthComm

7 months

Thank you to those who attended our Spring Growth Budget Event today You can watch the event on our feed or read the report here ➡️

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The Growth Commission

@TheGrowthComm

1 year

"As another change of Government becomes probable it is vital that Starmer learns the lessons of the past" ✍️Ahead of #Labconf23 @DMcWilliams_UK outlines an alternative direction to grow the economy while deviating from higher taxes & public spending ⬇️

Starmer is no Blair – nor should he be

Rather than looking to New Labour for inspiration, Sir Keir may be better off following the Singapore model

www.telegraph.co.uk

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The Growth Commission

@TheGrowthComm

11 months

Let’s make work pay by removing regulation that is not fit for purpose #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

1 year

Following the release of our regulatory reports, it is encouraging to see the Government launch a review into red tape & confirm the correlation between economic growth & poor regulatory practices⬇️ You can read our reports here ➡️

Government launches review of regulators to cut red tape and bureaucracy

Review set up to cut burdens for businesses in new post-Brexit regulatory framework and improve customer outcomes

www.gov.uk

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The Growth Commission

@TheGrowthComm

11 months

Cut energy costs to boost competitiveness and reduce the burden on household budgets #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

7 months

🗣️Our Co-Chairman @ShankerASingham on @GBNEWS Listen below⬇️ "Tax is important, targeted tax cuts - if you're looking at just five years income tax is a big income mover, but if you look at Inheritance Tax and Corporate Tax are bigger long-term movers on GDP per capita"

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The Growth Commission

@TheGrowthComm

1 year

‘The average Briton earns a third less than the average American, with roughly a £10,000 gap in annual spending between the two.’ A task for the Commission is to investigate the US economic recovery in comparison to other G20 countries. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

✍️"Our future will be bleak unless we get back on the road to growth" says Ranil Jayawardena MP @ranil

Our future will be bleak unless we get back on the road to growth

We need common sense policies to regain control of our prosperity, says former cabinet minister Ranil Jayawardena MP

www.express.co.uk

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The Growth Commission

@TheGrowthComm

9 months

📺With 3000 steel jobs to go at Port Talbot - our Co-chair @ShankerASingham gives his economic diagnosis on what must be done to ensure a competitive UK steel market on @GBNEWS ⬇️

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The Growth Commission

@TheGrowthComm

11 months

We have a plan to reduce our rising welfare bill and improve our crumbling infrastructure #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

10 months

Our Co-Chair @DMcWilliams_UK quoted in @CityAM on How to fix the Bank of England ⬇️

City A.M.

@CityAM

10 months

🏦The Bank of England received some stinging criticism from the Economic Affairs Committee, suggesting that the Bank had been over-reliant on “inadequate” forecasts, suffered from ‘groupthink’ and argued that its remit needed “pruning”.

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The Growth Commission

@TheGrowthComm

1 year

If the 🇬🇧 economy could achieve annual GDP pc growth of 3% over next two decades, the economy would be 📊65% bigger by 2040 🛒£15,000 more pp to spend each year 💵£670bn more for Government spend Read our report here 👉

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The Growth Commission

@TheGrowthComm

9 months

Using our own growth model, we have measured the effect on GDP per capita growth of a variety of different policies over a 20 year period. Take a look at our latest research and read more on how we've developed our model here➡️

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The Growth Commission

@TheGrowthComm

1 year

‘Quite a lot of potential growth is being left on the table in both developing and developed countries’. The Commission will test the idea that there is limited GDP per capita growth potential in the developed world and this link to policy. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

11 months

Growth really does matter. The UK can escape the trap of slow growth with our #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

7 months

. @DMcWilliams_UK on Disposable Income ⬇️ "The pre-budget estimate of the growth in disposable income comparing 2024 with 2019 is 4.9%. Rise in population 3.2% so disposable income up 1.7% in 5 years. 0.3% a year is hardly noticeable" #Budget2024

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The Growth Commission

@TheGrowthComm

9 months

📊 Small increases in GDP per capita over a long period time can have significant impacts on national prosperity. ⏲️ Stagnating economies should consider the longer term economic effects of their policy decisions even if it creates incremental growth in the short-term.

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The Growth Commission

@TheGrowthComm

1 year

Other countries across the globe have realised how bad regulation and poor regulatory practices are damaging their economies. Read our latest reports to find out how the UK can start addressing the issue ➡️

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The Growth Commission

@TheGrowthComm

1 year

"When it comes to the G7, the warning lights have been flashing red for some time." Shanker Singham, in his opening address, tells us about economic growth in G7 countries. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

7 months

In our Spring Growth Budget we have calculated a medium-term fiscal headroom £60bn and propose an initial £15 billion of net tax cuts in 2024-25 and further cuts as growth increases and spending is kept frozen. Read more here ➡️

Harry Cole

@MrHarryCole

7 months

🗞️ Who governs Britain?

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The Growth Commission

@TheGrowthComm

7 months

🗣️Our Co-chairman @DMcWilliams_UK in @TeleBusiness "Getting public spending under control by freezing budgets, probably for three years, would start to solve this [boost GDP per capita]. The money saved can be used to bring down borrowing and also cut

Britain is doomed to forever be America’s sick relation

Without radical reform, the UK economy is destined to live in its cousin’s shadow

www.telegraph.co.uk

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The Growth Commission

@TheGrowthComm

1 year

Why is it that US 🇺🇸citizens can regularly afford new cars, take holidays or more frequently eat out than UK 🇬🇧citizens? Find out why in our new report👉

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The Growth Commission

@TheGrowthComm

1 year

📅We will publish our Growth Report 2023 on 14th November 2023 which will include: ✅Analysis of the UK economy, ✅Tax reforms ✅Regulatory reforms ✅Public spending & their effects on GDP per capita over the course of 10, 15 & 20 years. Learn more⬇️

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The Growth Commission

@TheGrowthComm

1 year

‘Crisis can bring opportunity to reassess. It is so important now to gather policy and economic expertise to lay out paths forward.' The Commission believes the UK is at a point of inflection leading to more dynamic growth opportunities. #TheGrowthCommission #GrowthCrisis

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The Growth Commission

@TheGrowthComm

7 months

🧮Want a run through of our Spring Growth Budget? You can re-watch our event below ⬇️

The Growth Commission

@TheGrowthComm

7 months

The Growth Commission Spring Budget Event

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The Growth Commission

@TheGrowthComm

7 months

▶️We're going live on 27th February at 11 am on X. 🕚Tune in to hear our chairmen @DMcWilliams_UK & @ShankerASingham explain our latest dynamically modelled policies to get the UK economy growing again.

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The Growth Commission

@TheGrowthComm

8 months

🆕Today's GDP data shows GDP for 2023 just up 0.1%. But more revealing GDP per capita is DOWN 0.7%. ❗️Why does this matter? GDP per capita show economic growth per person. We are in a technical recession on an GDP per capita basis. How can we get much needed growth? Come to

The Growth Commission

@TheGrowthComm

8 months

NEW: We are publishing our Spring Growth Budget on Tuesday 27th February, 11am. 🗓️To attend our Spring Growth Budget event in Westminster please register your interest by emailing: operations @growth -commission.com

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The Growth Commission

@TheGrowthComm

11 months

The tax burden is at a 70 year high and along with inflation, is squeezing household budgets all over the country. We can help hardworking families with a #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

11 months

" [Hunt] should borrow some of the ideas in the Alternative Budget published this week by @thegrowthcomm , the group of contrarian economists set up by @trussliz after her tumultuous reign to study the unthinkable" ✍️ @maggiepagano in @reactionlife :

Dear Jeremy Hunt, please share this with your friends...

Jeremy Hunt should take a look at the ideas in the Alternative Budget, published this week by contrarian economists at the Growth Commission.

reaction.life

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The Growth Commission

@TheGrowthComm

11 months

📄"The Growth Commission said the UK must pursue a blend of public spending restraint, supply-side reforms and carefully-targeted tax cuts to ensure long-term growth." Read what our Co-chair @DMcWilliams_UK had to say here⬇️

Jeremy Hunt is urged to let workers keep more of their cash

Former home secretary Priti Patel led the calls for tax cuts in the Commons, as the Chancellor promised an 'Autumn Statement for growth'.

www.dailymail.co.uk

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The Growth Commission

@TheGrowthComm

11 months

Delivering supply side reforms will help hardworking Brits get on in life #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

11 months

We must invest in infrastructure to grow our economy #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

1 year

📈 We are hiring Join us as a Director to oversee operations and scale up The Growth Commission

Director Job Vacancy at Growth Commission, Hybrid with min 3 days a week in London office

www.publicaffairsnetworking.com

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The Growth Commission

@TheGrowthComm

11 months

We must act now to improve living standards and reassure the markets. The UK economy can return to the path of growth with our #GrowthBudget Read it here 👇

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The Growth Commission

@TheGrowthComm

1 year

Our co-chair @ShankerASingham will be speaking with @patrickkmaguire on @TimesRadio this morning, reacting to this morning's figures

Office for National Statistics (ONS)

@ONS

1 year

GDP grew 0.5% in June and 0.2% across Quarter 2 (April to June) as a whole. In June: ▪️ services grew 0.2% ▪️ production grew 1.8% ▪️ construction grew 1.6% ➡️

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The Growth Commission

@TheGrowthComm

1 year

"Sluggish economic growth in the UK has been taken as an inevitability because we’re unable to instigate the genuine change of both mindset and approach." Read our director @Lugey6 in today's City AM👇

City A.M.

@CityAM

1 year

🗣️We can’t keep being surprised when we fall into traps keeping growth down, and trying to reform it with ‘pay as you go’ policymaking which only ever tries to tweak the edges, writes Lucy Harris. Read @Lugey6 in City A.M ✏️

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The Growth Commission

@TheGrowthComm

1 year

"The UK is suffering from a lack of growth & productivity when compared with our international peers, as pinpointed by @TheGrowthComm & @trussliz , & the efficacy of our capital markets in addressing productivity stands questioned" in @EveningStandard

The City needs urgent reform or London shares will remain undervalued

City Voices: Most companies that floated in London in the last five years are under water

www.standard.co.uk

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The Growth Commission

@TheGrowthComm

7 months

🏗️ Using our own Growth Model we've worked out that reforming housing & planning policy like this⬇️ will increase GDP per capita by 6.4% by 2044 Read more in our New Spring Growth Budget ➡️

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The Growth Commission

@TheGrowthComm

11 months

💸FULL EXPENSING: We've already calculated the GDP per capita impact of full expensing (100% capital allowances) assuming an estimated cost of £9 billion. 1.) There is no initial effect because we already have it for a temporary period of 3 years. 2.) 5 years: 0.3% growth on

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The Growth Commission

@TheGrowthComm

1 year

Seemingly small but very significant. Find out how regulation and poor regulatory practices are negatively affecting our economy in our latest reports ⬇️

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The Growth Commission

@TheGrowthComm

7 months

Despite this being a "tax cutting budget" numbers show the tax burden is still going to rise by 1.1% by 2028/29. @DMcWilliams_UK the OBR has said: "Tax as a share of GDP is forecast to rise to 37.1 per cent of GDP in 2028-29, 4.0 per cent of GDP higher than the pre-pandemic

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The Growth Commission

@TheGrowthComm

7 months

New Measure: "Scaling back" Nom Dom regime to raise £2bn. We wait to see the extent of the Non Dom scaling back, but we have already said that abolishing Non Dom regime would reduce GDP by 0.5% and £5.5bn less in tax revenue. #Budget2024

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The Growth Commission

@TheGrowthComm

8 months

⁉️Problem: UK in technical #recession as UK GDP per capita falls by 0.7% in last quarter of 2023. ✅Solution: We have provided various regulatory reforms and tax rates to inject 24.3% growth back into the UK economy and increase the wealth of an individual UK citizen by £11,300

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The Growth Commission

@TheGrowthComm

1 year

🗣️"The anaemic growth of the G7 countries, especially the UK, cannot continue. Immediate action must be taken to deliver pro-competitive regulation that improves UK GDP per capita" Read our Co-Chairman @ShankerASingham in @Telegraph

Red tape has cost Britain £143 billion since 2015 – the time for action is now

New reports reveal the growing morass of anti-competitive regulation skewing the market, with dire results

www.telegraph.co.uk

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The Growth Commission

@TheGrowthComm

11 months

Our carefully costed #GrowthBudget proposals will put our country back on track to pre-Covid growth 🚀 Read it here 👇

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The Growth Commission

@TheGrowthComm

7 months

❗️A reminder on Non Dom Status: Our numbers have shown that changing the status would create a £5bn loss in tax revenue and reducing UK GDP by 0.5%: Read more below⬇️

Premier League footballers could leave UK if non-dom tax is scrapped

The study by an independent group of international economists says such a move by Chancellor Jeremy Hunt in the Budget would be 'highly risky'.

www.dailymail.co.uk

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The Growth Commission

@TheGrowthComm

7 months

How can we pay for future spending? By growing the economy. How can we grow the economy? ✅ Targeted tax cuts ✅ Regulatory reform ✅ Reducing current spending Read our latest report for policies to get the UK growing again ⬇️

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The Growth Commission

@TheGrowthComm

1 year

📄Read our latest reports which include our most recent solutions to get GDP per capita growing again ➡️

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The Growth Commission

@TheGrowthComm

7 months

NEW GRAPH: Using our Growth Commission Model we have calculated the GDP per capita gains from cutting Inheritance Tax, Corporate Tax and Income Tax by the same amount. Surprisingly, over the course of 20 years there is both Inheritance Tax and Corporation Tax ultimately boost

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