The UK economy needs urgent reform to ensure fairness, efficiency, and long-term sustainability. This proposal outlines a structured plan for change, prioritising immediate wins while laying the groundwork for deep, systemic reforms.
Phase 1: Immediate Reforms (0-6 months)
🔹 Simplifying Tax and Welfare – A streamlined, progressive tax model that removes work disincentives.
🔹 Supporting Small Businesses – Adjusting tax incentives for SMEs and the self-employed.
🔹 Cutting Public Sector Waste – Implementing tech-driven efficiencies to reduce bureaucratic spending.
Phase 2: Structural Economic Changes (6-18 months)
🔹 Fair Corporate Taxation – Closing loopholes and ensuring fair contributions from large businesses.
🔹 Housing & Infrastructure Investment – Reforming property taxes and increasing affordable housing.
🔹 Green Economy & Sustainable Growth – Encouraging green investment and restructuring energy subsidies.
Phase 3: Long-Term Reforms (18-36 months)
🔹 Universal Basic Income Trial – Testing a modernised welfare system for future sustainability.
🔹 Education & Skills for the Future – Reshaping vocational training and higher education funding.
🔹 Future-Proofing the Economy – Establishing a sovereign wealth fund and planning for automation’s impact.
Milestones at a Glance
✅ 0-6 months: Tax & welfare reform, SME support, public sector efficiency.
✅ 6-18 months: Corporate tax fairness, housing & infrastructure investment, green economy initiatives.
✅ 18-36 months: UBI trials, education reform, economic future-proofing.
This roadmap balances immediate impact with long-term transformation, ensuring a fairer and more efficient UK economy. Join the conversation—let’s build a better future together.