In this week’s issue of The Spectator, Katy Balls reveals what Liz Truss would have done in her quest for growth had her mini-Budget not blown up. She would have gone on to launch an eight-point ‘autumn of action’. There were to be eight ‘follow-up moments’ revealing Truss and her Chancellor’s plans for supply-side reforms on: financial services, business deregulation, housing & planning, immigration, mobile & broadband, food & farming, childcare and energy.
Kwarteng and Truss were out of office before they had time to announce them. Now, The Spectator has obtained the plans and can exclusively publish the draft document in full:
OFFICIAL SENSITIVE
GROWTH PLAN: FINANCIAL SERVICES ANNOUNCEMENT 1-PAGER
OBJECTIVE: Facilitating dynamic markets and allow the private sector to generate long-term prosperity.
NARRATIVE
- Financial services as a sector is a major contributor to the UK’s economy – its success will drive growth across the whole UK.
- Having taken back control of financial services regulation now that we have left the EU, we are implementing an ambitious and radical programme of reform to make it work better for the UK.
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