Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Robert Jenrick: I Can Unite the Tory Party – and Cut 2p Off Income Tax

by
October 18, 2024
in Top News
0
Robert Jenrick: I Can Unite the Tory Party – and Cut 2p Off Income Tax
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Conservative leadership hopeful Robert Jenrick has pledged to unite a divided party and introduce economic policies that would see a 2p reduction in income tax.

Speaking on GB News, Jenrick outlined his vision for a more cohesive Conservative Party, while emphasising his business background as a key driver of his economic strategy.

“I’ve got friends across the party, and I believe that our party has to be a broad church,” Jenrick stated. “I want it to have all the traditions of our party… and I want to unite the party, that is my nature.”

Jenrick criticised recent internal party conflict, calling it a “disgrace” and blaming factionalism for the loss of good councillors and MPs. “That can never happen again,” he said, adding his desire to bring an end to political infighting.

Economic Vision

When asked about his economic policies, Jenrick highlighted his business roots, explaining that his upbringing in a small family business shaped his understanding of what it takes to support economic growth. “My dad left school at 16… I used to help him in his shop. I know what it takes to grow businesses and support our economy,” he shared.

He stressed the need for a return to higher economic growth, claiming that the party had failed to deliver on promises of a strong economy. “We’ve lived through a period of low economic growth, and that’s got to change,” Jenrick said.

Among his key policy proposals, Jenrick promised to create a robust plan to grow the economy by focusing on key areas such as:

Welfare Reform: He vowed to help people move off welfare and into work to ensure a sustainable workforce, avoiding reliance on foreign labour.Energy Strategy: Jenrick called for investment in nuclear power stations and affirmed that gas “is here to stay” to ensure businesses have access to cheap, reliable energy.Infrastructure Development: He emphasised the importance of encouraging construction of factories, offices, and data centres to support business competitiveness on a global scale.

Jenrick also criticised the current tax burden, arguing that high taxes stifle growth. He proposed a reduction in government spending, specifically rolling back the welfare bill to pre-COVID levels, which he claims would make it possible to cut 2p from income tax. “It is possible to have a smaller state and a more competitive economy,” he concluded.

As Jenrick positions himself as a unifying candidate with a clear economic agenda, his leadership bid rests on bridging divides within the Conservative Party and delivering on promises of lower taxes and higher growth.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash

Reeves considers ending salary sacrifice tax breaks for electric vehicles, sparking industry backlash

Recommended

Haus Talk plans major regional projects

Haus Talk plans major regional projects

September 26, 2024
“Knus Chosen for Prestigious Hatch City Bridge Foundation Accelerator Program”

“Knus Chosen for Prestigious Hatch City Bridge Foundation Accelerator Program”

September 20, 2024
US grant prepares PHL for CHIPS Act investments

US grant prepares PHL for CHIPS Act investments

September 25, 2024
Women’s 3×3 semis

Women’s 3×3 semis

August 6, 2024
Manila Water subsidiary enters P1.4-B bulk water partnership

Manila Water subsidiary enters P1.4-B bulk water partnership

August 12, 2024
4 Facts About Non-GamStop Gaming You Might Not Have Known

4 Facts About Non-GamStop Gaming You Might Not Have Known

August 7, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved