FUNDING OF REFORM UK PLANS

Savings

Policy Area Annualised Savings Over 5 Year Electoral Term Amount in £ billions
Immigration Savings £5
Energy Savings - tax subsidies & scrap Net Zero £30
Benefit Saving - 1 million plus back to work £15
Transport & Utilities Savings £5
Slash wasteful Government spending  
Save £5 in 100 incl govt depts. quangos, commissions £50
Stop bank interest on QE reserves £35
Cut foreign aid by 50% £6

 

Sub-Total Potential Savings = £146 billion pa = Almost £3,000 per Adult

Extra Growth Assumption

Policy Area

Economy - Personal Pledges

Economy - Business Pledges

Energy Pledges

Brexit Pledges

Overall

Proposals will create 1 - 1.5% extra growth pa

Extra 1% pa GDP = £25 bn

Tax @ 40% spend = £10 bn

Total Extra Growth Assumption = £10 billion pa of extra tax revenues

 

TOTAL SAVINGS POTENTIAL = £156 BILLION PA

Cost Pledges

Policy Area Annualised Cost Over 5 Year Electoral Term Amount in £ billions
Economy - Personal Pledges £70
Economy - Business Pledges £18
NHS Pledges £17
Policing Pledges £3
Justice Pledges £2
Education Pledges £5
Defence & Veterans Pledges £14
Children & Families Pledges £8
Agriculture Pledges £2
Fishing & Coastal Communities Pledges £2

 

Total Cost = £141 billion

 

Download Our Contract With You PDF

This proposed contract is deliberately issued as a working draft. We welcome your comments, challenges and queries. The contract will be finalised later in the year. This is what happens in business, and the nation should be run like a lean, efficient business with motivated employees and happy customers.

Please email comments to: [email protected]