Economy

  • The Conservatives will have an emergency budget within 50 days to set out a credible plan to bring the country's massive debt under control. The debt burden is risking higher mortgage and interest rates, and threatening jobs and investment.
  • The Conservatives will scrap Labour's planned increase in National Insurance. We will cut waste to cut Labour's tax on jobs. 7 out of 10
    Scots will be better off and no one will be worse off.
  • The Conservatives will cut Employer National Insurance contributions for the first ten employees of new businesses over the next two years.
  • The Conservatives will reduce youth unemployment and reduce the number of children in workless households.
  • The Conservatives will ensure the consumer gets a fair deal at the pump by reducing the business rates on rural petrol stations and by looking at the introduction of a fuel price stabiliser.
  • The Conservatives support a high speed rail link between Scotland and London to be built in cooperation with the Scottish Government.
  • The Conservatives will ensure that by far the largest part of the burden of dealing with the deficit falls on lower spending, rather than higher taxes.
  • The Conservatives will cut Whitehall policy, funding and regulation costs by a third, saving £2 billion a year.
  • The Conservatives will ensure everyone who is capable of work will be given the choice between engaging in return to work programmes or losing their benefits.
  • The Conservatives will ensure people who claim benefits for two out of three years will be made to work for the dole.
  • The Conservatives will use private and voluntary organisations to help unemployed people back to work and pay them by results.

Business
  • The Conservatives will get credit flowing again by using Government guarantees to create affordable credit for small and medium sized businesses.
  • The Conservatives will cut the headline rate of corporation tax to 25p or lower, and the small companies' rate to 20p.
  • The Conservatives will reduce the burden of red tape on business with a ‘one in, one out' rule for new regulations.
  • The Conservatives will improve Britain's international rankings for tax competitiveness and business regulation.
  • The Conservatives will open up government procurement to small and medium sized businesses.
  • The Conservatives will extend the right to request flexible working to everyone in the
    public sector.

 


Banking
  • The Conservatives will abolish Gordon Brown's failed tripartite system of regulation and put the Bank of England in charge of prudential supervision.
  • The Conservatives will reform the regulation and structure of the banking system to ensure greater availability of credit for small and medium-sized enterprises.
  • The Conservatives will offer a "people's bank bonus" as the government comes to sell off its holdings in the banks, so that everybody in the country has the chance to buy a stake in the state-owned banks.
  • The Conservatives will create Britain's first Green Investment Bank to finance new green technology start-ups and back the bright ideas of the future.

 


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