This is a short extract from Section 7 of our Occasional Paper, published a few months ago. You can read the full version here: Kickstarting Growth NOW!
Stop Bumping Into Bollards
The journey ahead is too important for political mishaps and missteps.
The Labour Party entered government on 4th July 2024 after 14 years in opposition, launching into office with enthusiasm, energy, and a flurry of legislative activity. But despite the strong start, the early days have been marked by a few unfortunate collisions—with the proverbial bollards.
At the time of writing, the damage appears to be limited to superficial scratches. But time will tell whether deeper structural issues have emerged under the surface.
For now, the focus must shift.
Forget the past. Manage the present well. And ensure the future is ambitious, deliverable, and backed by those footing the bill.
There’s a shared recognition of the monumental workload ahead. Transformation is necessary—and overdue. So let’s get on with it.
Bumps, Bruises, and Bollards
️ Free clothing and concert tickets
Most of these were minor lapses—errors of judgement or inexperience. Quickly forgotten, perhaps, but still noted. On the record.
️ Starmer vs. Trump: Opening Speeches
Trump’s first presidential address was loud, brash, and bullish—tailored to a nation that often applauds tough talk. Britain? We tend to fire tough guys.
By contrast, Starmer’s first speech as Prime Minister was sombre, heavy with foreboding about the road ahead, and laced with criticism of the previous government. Arguably fair, but politically tone-deaf. It’s usually smarter to be courteous—especially before asking the public for more of their money.
Funding the Vision
Winter Fuel Allowance
The attempt to roll back emergency fuel payments triggered an emotional backlash, with vivid media portrayals of elderly pensioners huddling under duvets. Intended as a show of fiscal strength, the move came off as insensitive—and exposed a PR gap.
The payment in question was a one-off measure from the previous government, introduced during an energy price crisis. The legitimacy of its continuation was questionable, but the communication strategy was flawed. A reminder that public confidence can be as important as policy substance—especially during large-scale economic transformation.
VAT on Independent School Fees
As expected, independent schools are now subject to 20% VAT. Legal challenges may follow, as might shifts in pupil enrolment.
To some, this move smacks of class warfare; to others, it represents fairness in action. But it’s worth noting that for many families, private education involved significant sacrifice, not privilege. And the export value of British education? Not mentioned.
A phased approach—starting at a lower VAT rate—may have softened the blow and avoided immediate disruption. But now the policy must be judged on its outcomes.
Inheritance Tax and Family Farms
Farmers are protesting proposed changes to inheritance tax—and not without reason. While few will defend wealthy investors using farms as tax shelters, many smallholders have worked the land for generations with modest returns, banking on eventual security through sale or succession.
Some form of transitional relief or tapered exemption would have helped distinguish between speculative ownership and genuine agricultural stewardship. A surcharge on land converted to non-agricultural use could have reinforced the policy’s intent without alienating traditional farmers.
Business, Tax, and the Need for Growth
National Insurance & Minimum Wage Increases
These changes have sparked concern, especially among smaller businesses already operating under pressure. Unlike individuals, businesses at least have a chance to recoup the added cost—but only if the economic environment allows it.
Recent years have demanded adaptability: navigating Covid disruption, rethinking models, embracing digital, and refocusing on customer engagement. Businesses have responded. Now government must do its part.
The implicit bargain must be this: “Yes, we’ll tax you more—but in return, we’ll create the conditions for you to grow.”
That’s the only sustainable path forward.
Ultimately, this isn’t just about policy. It’s about people. Every individual must be empowered to contribute. Because if the UK is to meet the demands of its citizens—and its government—it must first generate the wealth to fund them.
This piece was drafted in April 2025. It may not be worth updating it. The point being made is this – Is the UK getting the very best management by Government, irrespective of political colour?