Why investment should rebound after Brexit

21 Aug

First, the bad news. UK business investment in non-financial assets, which includes factories and machinery, has stalled since the vote to leave the EU in 2016. Indeed, investment has fallen outright in five of the last six quarters, and is now about 1½% lower than a year ago. This is still not the ‘collapse’ that […]

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Cutting Air Passenger Duty can give us the flying start to our post Brexit future

18 Aug

If there is one tax cut that would show in totemic fashion that post Brexit Britain is truly ‘Open for Business’, it would be to cut Air Passenger Duty (APD). Since its introduction in 1994 by then Chancellor Ken Clarke, APD has increased by 680% for long haul flights and 160% for short haul at the same time that […]

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