Diane Abbott says a wealth tax of 2% on people with assets over £10m would raise £24bn a year
Rachel Reeves, the chancellor, has announced the abolition of another quango, Philip Inman reports. She made the announcement ahead of her meeting with regulators, which is taking place now, where she is discussing their plans to promote growth. This is the third quango scrapped by the government within the past week, but only one of the announcements, about NHS England, made headline news. Last week the government said the Payment Systems Regulator was going, and today the Regulator for Community Interest Companies is getting the chop.
Here is Philip’s story.
Following weeks of intense negotiations, watchdogs have signed up to 60 growth boosting measures – including:
-Fast-tracking new medicines to market through a new pilot to provide parallel authorisations from key healthcare regulators, so that patients can access the medicine they need quicker;
It should not be the case that to convert a garage or outbuilding you need to wade through hundreds of pages of guidance on bats. Environmental guidance, including on protecting bats, will be looked at afresh. Natural England has agreed to review and update their advice to local planning authorities on bats to ensure there is clear, proportionate and accessible advice available.
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