This @tonydanker speech to the @CBItweets conference is quite hard-hitting.
Long section shaming the amount of investment the UK government appears to be content with. Absolutely flays a business rates system that he says punishes such investment
Long section shaming the amount of investment the UK government appears to be content with. Absolutely flays a business rates system that he says punishes such investment
Like everyone in the past 5 years, he calls on the Apprenticeship Levy to be reformed. People get the principle, but the delivery needs to be changed
Danker is unflinching in his criticism of the delivery of infrastructure projects. Key example is the delay to nuclear financing. And shipping: "We could leave the world in zero-carbon shipping".
"Perhaps the UK government will choose not to compete with other countries with regard to public investment. That is a big choice" is a barbed introduction to the idea that the Government would then have to do even more in aiding private sector investment
So he calls for more enabling ideas like those that supported the UK's Offshore Wind success story, with CFDs, finance support, and so on.
Interestingly, Danker suggests that our regulation in favour of consumers and competition may have gone too far. That is really punchy. It means consumers sometimes paying more to guarantee investment
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