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    Howard - there was a great deal for growth....

    Cutting the deficit alone keeps interest rates lower than they would otherwise be keeping costs lower for business. Essential for economic recovery. Not to have done so would have seriously damaged the economy. Regardless of political claims, not dealing with the deficit would have been far more damaging.
    N.I. concessions to start up businesses in selected areas where public sector cuts will hit worse
    Reduced Corporation Tax rates
    An increase from £2m to £5m in entrepeneur relief from CGT

    The CGT higher rate has been set at the optimum level at which revenue will be maximised without damaging investment.

    Other moves to reduce beaurocracy and red tape on businesses will further help.

    In my blog there is a chart that demonstrates the impact of the fiscal tightening and, after an initial slowdown, an increase rate of growth.

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