Osborne lacks the courage to tackle red tape

The Institute of Economic Affairs is featured in the Sunday Express

George Osborne has been ­accused of tinkering with a British growth strategy instead of pushing for radical reforms to turbocharge the economy.

Free market think tanks say the Chancellor lacks the “political ­courage” needed to free British business from suffocating red tape and ­regulations.

Today they have outlined a package of measures they believe are ­vital to jump start Britain’s ­flat-lining economy, from slashing the tax code to axing the minimum wage for ­under-25s and relieving small firms of the burden of health and safety and employment laws.

Yet the Institute of Economic ­Affairs and the Adam Smith ­Institute both warned British businesses to prepare for a disappointing “steady as she goes” approach when Mr ­Osborne delivers his Autumn Statement on November 29.

Read the rest of the article on the Daily Express website.

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