Establish a sovereign wealth fund to finance assets
โThe idea here is that you restore savings matches, tax breaks and incentives for people to build up assets, to put down a deposit on a home to call their own, to retrain, restock their human capital and to save more into a pension. Singapore is probably the best example. And the way you pay for it is actually by building a sovereign wealth fund.โ
โThen we've got to have the courage to take on some of the forces that are deepening divisions. One, American Big Tech. Two, kleptocrats trying to surge dark money into British politics. So there's a fight there as well. It's not just about, let's just refresh fraternity and build a more united kingdom from this diverse nations that we've got.โ
Citizenship should be earned through work and language
โThe thing that struck me is that actually people are perfectly reasonable. They say, look, do you know what? It comes down to three things. It comes down to learning to speak English, obeying the law, and working hard on paying tax. Beyond that, we should be living let live.โ
โOne, your borders have got to be strong. So, if you think about what we had to do, we had to go to the UK border agency, put people in uniform, create these kind of offshore checks before people got anywhere near the border. You've got to have strong borders, and that is why you have to fix the boats crisis.โ
Challenge vested interests to restore corporate fairness
โWe have got to be punchier in taking on the selfish minority who don't play by the rules. And on the Business and Trade Committee, we see them week in, week out. Why has Fujitsu not contributed a bean to the two billion pound bill for restoring justice to the post-Obvious Horizon victims? Not a penny have they paid.โ
โIf you begin restoring a bit of fairness to the tax system, actually like that old socialist Nigel Lawson did, equalizing capital gains tax rates and income tax rates, you would begin to raise the money over the course of five to six years to build the kind of sovereign wealth fund that could help you finance those kinds of tax breaks.โ
Rebuild local social capital through a civic gospel
โThis kind of reinvention of social capital and civic connectedness is what we need to glue communities back together again. And this is where the government has actually got its plan bang on. So this big multi-billion pound Pride in Place fund that it has launched... is actually one of its biggest and boldest and best ideas.โ