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Economics

• Any and all deficit spending shall be made illegal, we must live within our means.

• A ‘robin hood’ tax will be introduced for OTC derivatives and high frequency trading at around 0.017%. This would raise approximately £100 billion a year in additional revenue for the treasury.

• According to the ECB, Taxpayers alliance, and others, the combined estimates that the government wastes are a staggering £150 billion minimum every year in inefficiency, procurement malpractice, corporate subsidies and pet projects. We will review all of this waste and put an end to it within 12 months.

• A complete ban on zero-hour contracts will be enacted.

• Apprenticeships will be paid at the rate of the minimum wage per hour, unless a job role is guaranteed, pending pre-agreed commitments through a rigorous framework to obtain the role throughout the apprenticeship. An independent body will be established to rule in the case of any disputes between the apprentice and the employer.

• Every individual with a UK citizenship earning under £20,000 will not pay any income tax after our first 12 months in government.

• Tax loopholes that allow corporations to circumvent tax law will be closed with immediate effect. Any income then acquired from the additional revenue shall be distributed to all small business across the UK via tax breaks for a period of no less than 5 years.

• The absurd regulatory burden faced by businesses and lobbied for by corporations for their own advantage, shall be reviewed completely and no less than 30% repealed within 12 months.

• For every new regulation, 2 existing regulations must be cut in its place for the lifetime of our government.

• Reform Regulatory Asset Base (RAB) pricing.

• All monetary policy to be transferred to the treasury.

• Establishment of a state investment bank.

• Abolish the Bank of England nominees Limited (BOEN).

• Revoke the bank of England’s “Royal Charter” status.

• Revoke the Bank of England’s protection under the official secrets act

• Repeal the 1998 Bank of England Act.

• Revoke the Bank of England’s Corporation status.

• Compile a “citizen debt audit”.