What steps he is taking to support economic growth.
Answered on
11 September 2018
The best way to drive economic growth is to raise productivity. Since 2010, this Government has provided over half a trillion pounds in capital investment, increased investment in skills, and reduced taxes for businesses. Lower taxes provide a strong incentive for businesses to invest in raising their productivity. Tax cuts include reductions to business rates worth over £10bn by 2023, freezing fuel duty for 8 years running, increasing R&D tax credits, and cutting corporation tax.
Answered by
Treasury
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