Sebastian Payne, Onward’s Director, asserts that cutting income tax may convince more millennials to vote Conservative. He writes:
“General elections are split into the long and short campaigns: the drawn-out shadow slog, where both sides are brawling with each other without really acknowledging it, followed by the formal period when polling day is set and the panoply of rules and restrictions kick in. With Jeremy Hunt announcing the date of the Spring Budget next year — likely the last fiscal event before the 2024 election — much of the wrangling between now and then will be all about tax.
There is scant doubt on the need for action. Even after the Chancellor slashed the main rate of National Insurance (NI) in the Autumn Statement, the overall tax burden is on course to reach a 70-ear high (much of it due to the Covid pandemic spending). The NI cuts will kick in from next week and the next Budget will look to the new financial year in April. So if some fiscal headroom opens up, what options do Sunak and Hunt have?”
Read the full article here.
'The Observer' quotes figures from Onward's 'Breaking Blue' report which breaks down the results of the 2024 election. They use the figures to make a case for what the next Tory leader need to prioritise.
'Conservative Home' mentions Onward's 'The British Entrepreneur' report. The article quotes Onward's findings that British workers are becoming “unusually risk-averse” when it comes to setting up their own business.
Onward's 'Capital Issues' report is quoted in a 'Financial Times' article on AIM markets and UK small-cap stocks.
'The Financial Times' covers Onward's 'Capital Issue' report which calls for the abolition of London's AIM markets.
A 'CityAM' article about abolishing London's AIM markets quotes Onward's 'Capital Issues' report.
'CityAM' quotes Onward's 'Capital Issues' report, which calls for the immediate abolition of London's AIM market.
