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.
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