Reform UK's Treasury spokesman Robert Jenrick reveals to GB News members what he told the British Chambers of Commerce
We have now had seven Prime Ministers and eight Chancellors in ten years.
No business could survive, let alone thrive, with such rapid turnover. So it’s no surprise the country can’t either.
It’s led some to conclude that Britain is now ungovernable. I disagree.
I think we’ve been badly governed. Not just for the last two years, but for more than two decades.
The never-ending drama of our politics is – I believe – caused by the failure of successive governments to fix the problems normal people care about.
Politicians in Westminster are distracted by things that don’t matter, while the country’s problems get worse.
Understandably, the British people have lost their patience.
Prices and bills keep rising and rising. The benefits bill has been climbing higher and higher.
The tax burden is now at its highest level since World War Two. Entire industries have shut up shop.
I'm sick of hearing small businesspeople – who've poured their lives into keeping businesses afloat – tell me they just can't make it work any more, due to decisions made by out of touch governments, totally distant from the realities of the economy.
But, despite the huge challenges, our economy is not doomed. It really doesn't have to be this way.
Reform UK is the only party with the plan and conviction to get us back on track.
And that starts by saying this: Britain is broken. And so is our economy.
Reform UK is not just about overhauling our disastrous immigration policy, or re-establishing law and order, as important as those issues are.
What we are proposing on the economy will be the single biggest shift in economic policy in a generation.
It’s a plan I set out this week in a speech to the British Chambers of Commerce.
We will eliminate tens of billions of pounds of wasteful spending so that taxpayer’s money is actually spent on your priorities.
But how exactly? Well, we've already set out £20billion in cuts to the exploding benefits bill by restoring fairness to the disability benefit system and banning foreign nationals from claiming it.
Handouts and subsidies for the Department for Net Zero and Energy will be eliminated.
Foreign aid will be all but abolished. Civil service headcounts will be cut back to what they used to be.
In the coming months we will set out billions of more savings.
And we'll use that money to save our economy from the mess it's in.
Reform UK is the only party that will cut taxes on British workers - and raise taxes on cheap foreign workers - so that it’s easier to employ British workers over migrants.
Our common sense policy means that British workers will finally be put first.
And if they work hard to provide for themselves and their family, taking overtime shifts, we won't tax them a penny on their overtime.
And for those running their own businesses we're going to raise the VAT threshold to £150,000. So that Government, with its form-filling, its bureaucracy, its taxes, stays out of the way.
For pubs and restaurants – who have been hit so hard by successive governments – we're going to not only halve their rate of VAT, but we'll slash both the duty on their beer and the rates on their premises.
And I can assure GB News readers there’s much more to come as we ramp up our plans for government.
But it’s not just a question of changing tax and spend policies.
Reform UK understands better than anyone else that an economy can never prosper without cheap energy prices.
It was Richard Tice and Nigel Farage that were bravely campaigning for it while the Tories pursued net zero on steroids.
So a Reform Government will unashamedly pursue cheap, reliable energy that can cut bills for households and businesses.
We also know that to get our economy going again we have to liberate businesses from the reams of red tape and petty rules suffocating entrepreneurs.
So that building, manufacturing, fuelling and hiring is affordable once again.
As difficult as things are right now, Nigel Farage and I are convinced we can turn things around.
Businesses can succeed again. And success need not be a dirty word again.
