City AM Editor Unveils 10-Point UK Growth Plan, Targeting Tax, Labor and Pension Rules
Updated
Updated · City A.M. · Aug 13
City AM Editor Unveils 10-Point UK Growth Plan, Targeting Tax, Labor and Pension Rules
1 articles · Updated · City A.M. · Aug 13
Summary
Ten proposals framed as a "City AM Ten Point Plan for Growth" call for sweeping UK economic changes, from scrapping non-compete clauses to abolishing the state pension triple lock.
The package argues growth would come from a freer labor market, lower tax distortions and lighter regulation, including unfreezing income-tax thresholds, abolishing stamp duty on shares and repealing the Employment Rights Act.
Planning and procurement reforms are central to the pitch: local planning committees would be replaced by zonal development rights, while "social value" rules in public procurement would be fully repealed.
Smaller firms also feature prominently, with a proposed light-touch tax and employment regime for businesses with fewer than 20 employees and statutory economic impact tests for government policy.
Published before City AM's two-week print break, the editor's letter presents the list as a broad pro-growth agenda aimed at reshaping Westminster's approach to the British economy.