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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