The estuary option
This week, Sir Howard Davies, chairman of the Airports Commission, was questioned by the London Assembly. Some of his answers were worrying. He seemed to refuse to acknowledge the benefits a new four-runway hub airport would bring to Britain. When hubs are being built all over the world, with upwards of four runways, this is a concern. Equally concerning was Davies’s unwillingness to accept just how bad Heathrow expansion would be for millions of Londoners. In September, the Commission has the chance to confirm that an Isle of Grain Airport is a very real possibility. If it doesn’t, the Commission will reveal itself to be a waste of money.
Richard Tracey, GLA Conservative transport spokesman
Flatter the better
[Re: Britain’s economy needs lower and flatter taxes to flourish, yesterday]
People forget how much tax revenue is lost because of the complexity of collection. While there are obviously exemptions, as a small business owner, I’m familiar with the broadly flat-rate VAT system we operate. Much faster to implement for me, and no expensive collection for HMRC to worry about.
Unfortunately, the direction of travel for both of the main parties suggests we’re unlikely to see a flat tax soon. So much the worse for the economy.
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