Today the Chancellor will unveil the first Labour budget in 15 years.
Rachel Reeves’ heavily trailed speech is expected to include up to £35 billion in tax rises to give the Government more money to invest in order to address sluggish growth. But commentators have warned that she may well struggle to boost growth quickly.
Best for Britain advocates the 114 recommendations published by the cross-party UKTBC last year and which are designed to remove barriers to growth, get inflation falling and the economy growing through closer cooperation with Europe.
Best for Britain polling found that on average 49.2% of respondents want to see a closer EU-UK relationship compared to current arrangements, versus 14.8% who want greater distance and 24% who want to keep the status quo.
Naomi Smith, Chief Executive at Best for Britain said,
“With public services on their knees, cost of living spiralling and public debt at an all time high, Britain desperately needs growth and achieving it will require the Chancellor to make tough decisions today.
“But an easy and popular choice to unlock nationwide growth is removing red tape from the last government’s costly Brexit deal by aligning UK regulations with those of our largest market.”
Check out our Cost of Brexit Dashboard to see how much Brexit has actually cost the UK.