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Lib Dems vow to end 'computer says no' economy to boost growth

Lib Dems vow to end 'computer says no' economy to boost growth

Summary

Liberal Democrat deputy leader Daisy Cooper announced a 30-page plan to boost the UK's economic growth by cutting red tape and supporting businesses. She also proposed a new Growth and Defence Partnership with the EU to help recover £90 billion a year in lost tax revenue due to Brexit.

Key Facts

  • Daisy Cooper is the Lib Dem deputy leader and Treasury spokesperson.
  • The UK economy is slowed by what Cooper calls a "computer says no" approach, meaning unnecessary bureaucracy.
  • The plan includes a digital one-stop-shop to simplify services for businesses and investors.
  • Cooper wants a new Department for Growth to help small and medium-sized businesses expand.
  • The Growth and Defence Partnership with the EU aims to reverse Brexit’s economic impact.
  • Brexit currently costs the UK £90 billion a year in lost tax revenue, according to Cooper.
  • Cooper criticized rival parties for lacking clear economic plans or increasing taxes and spending cuts.
  • She warned against Nigel Farage’s influence, comparing him negatively to U.S. President Donald Trump.
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