Economics & Social Policy
By encouraging responsibility by individuals, government and business we believe that growth can be secured, public services improved and better outcomes delivered for families across the UK.
The Economics Manifesto says that the next government should seek to create a capital-owning democracy for all, so that each and every person in the UK can benefit from economic growth. The report proposes mass distribution of RBS and Lloyds’ shares, compulsory savings, the introduction of a Bonus Isa and a new generation of private sector Premium Bonds.
The Welfare Manifesto shows how to make the welfare system fit for the 21st Century. The report sets out principles to be make the system simpler, more effective, fairer, more affordable, and reward contribution.
Bonus ISAs proposes a new scheme to give people more flexibility to build up their tax-free savings pots during the course of a lifetime. The "Bonus ISA" would be offered to anybody who is unable to use their full annual tax-free savings allowance (currently set at £15,000). People would be given the power to roll over any unused portions of their existing ISA allowances into their Bonus ISA account.