Starmer throws down gauntlet to watchdogs with growth edict
The PM, chancellor and business secretary have written to watchdogs including Ofgem, the FCA and CMA to demand ideas for growth and investment amid sluggish economic growth, Sky News learns.
Sir Keir has already signalled his aim of removing red tape, telling the government's flagship International Investment Summit in the autumn: "The key test for me on regulation is of course growth.
Removing red tape sounds like a worthwhile aspiration, removing reliable and competitively priced electricity not quite so worthwhile.
6 comments:
He's demanding ideas? I would have thought that's his role - to come up with the ideas and then to get the watchdogs to implement them. How does he know that growth is even possible without having some ideas in the first place?
"Look, I've got a country to run here, and some of you chaps ought to jolly well help me out!"
2Tier thinks, as do all socialists, that growth comes from the government and its departments. That it is the government, state, that can pick winning industries, technologies, businesses and thus deliver growth.
Instead, he is suffocating growth with big government, overregulation, red tape, micro-management and taxation.
So, he’s written to the people who prevent growth, asking for ideas to create growth.
Yes, that makes sense in Labour-world.
He is asking Regulators whose whole aim is to tame animal spirits to actually suggest ways of encouraging those animal spirits? The man must be desperate.
He should ask Musk, or Milei, or even Liz Truss for some good ideas, even if he followed but a few of their suggestions. But that would never do... the other chaps in the club house would black ball him.
Sam - it does raise the question of what he thought he was going to achieve as Prime Minister. As if he sees the role as "Not a Tory" and nothing else.
Anon - yes he does see it like that, he doesn't really hide it. In his world, more bureaucracy is growth.
Peter - and it isn't easy to imagine what kind of ideas he'll get back other than useless ones.
DJ - imagine the incredulity if he asked Musk, Milei, or Liz Truss. If he had a sense of fun he would. In his terms he could call it lateral thinking, but he doesn't do that either.
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