"He set out plans the Tories will cut £47 billion from public spending and they will restrict benefits and cut back the civil service as will as making cuts to aid spending. The Shadow Chancellor told the BBC that foreign workers will no longer receive benefits and will have to "work longer" or go home. Stride said that the increasing national debt means he cannot simply say we will use all of those savings to spend more elsewhere, or to cut taxes."
""I can announce that as a direct result of getting public spending under control, a future Conservative government will completely abolish business rates for shops and pubs on our high street." He added, "End of. Finished. Gone." It is expected this will cost £4 billion which will help to protect jobs for 250,000 businesses across the UK. Stride called it a "radical plan to rebuild our economy," vowing the Tories will "always be there" for businesses."
Business rates for pubs and shops will be abolished if the Conservatives win the next general election. Abolishing those rates is expected to cost about £4 billion and aims to protect roughly 250,000 businesses. Plans include cutting £47 billion from public spending, restricting benefits, reducing the civil service to its 2016 size, and cutting aid spending to 0.1% of national income. Foreign workers will be ineligible for benefits and will face requirements to work longer or return home. Tax reductions will be pursued only when affordable, with fiscal commitments accompanied by clear funding plans.
Read at London Business News | Londonlovesbusiness.com
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