Tuesday, February 2, 2010

Conservative '8' benchmarks for the Economy

The eight benchmarks on economic growth were to:

:: Safeguard the UK's international credit rating;

:: Target 2 per cent inflation and preserve financial stability;

:: Create the conditions for higher exports, business investment and saving as a share of GDP;

:: Reduce youth unemployment and reduce the number of children in workless households;

:: Improve Britain's international rankings for tax competitiveness and business regulation;

:: Raise the private sector's share of the economy;

:: Raise productivity growth in the public sector;

:: Reform banking regulation to ensure lower levels of leverage, less dependence on unstable wholesale funding and greater availability of credit for small and medium sized businesses;

:: Reduce greenhouse gas emissions and increase the UK's share in the global markets for low carbon technology.

Maybe it's me and my abacus but this seems to be 9!

Create conditions for higher exports seems to smell of the reduction in sterlings value!!

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