Kemi Badenoch Criticizes UK’s Economic Approach, Calls for Reform
The Conservative leader warns that Britain is unprepared for modern global competition and pledges to reverse recent tax changes if elected.
- Kemi Badenoch argues that the UK is 'wired for an old world' and needs to adapt to compete with modern economies like China.
- Speaking at the Business Property Relief Summit in London, she criticized the UK’s high regulatory standards as a disadvantage compared to other nations.
- Badenoch expressed concerns about record net migration figures, emphasizing the need to retain skilled talent to secure the country's future.
- She described flat taxes as an 'attractive' idea but stated that the UK cannot afford them without significant economic restructuring.
- Badenoch pledged to reverse recent changes to business and agricultural property relief, calling them a 'damaging tax grab.'
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