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Break‑the‑Chancellor: Why Rachel Reeves Must Stop the Future‑Sell
Israel’s top audit, tax and business group, Blick Rothenberg, calls it a wake‑up call.
What the Queen‑maker Thinks
Simon Gleeson, partner at Blick, took the floor on 29 January to unleash a full‑on rant about the government’s new growth gospel. He said the “growth” mantra feels like a shiny buzzword that diverts from pressing realities—think of the HS2 fiasco and its runaway costs.
- Roughly 10‑12 years to finish a third runway might leave us in a traffic jam literally.
- Trying to turn Oxford and Cambridge into a new Silicon Valley is a marathon, not a sprint—and is still pondering a £22‑billion pit‑fall.
The Realisation Ticket
“We’ve had to step back,” Gleeson announced. “Let’s focus on projects that actually deliver sustainable growth—no more swagger. The economy feels stuck, and for that, a quick fix on Employers NIC changes could spell the biggest ‘mea culpa’ moment ever.”
These NIC tweaks could ripple across:
- Families getting more cash in their pockets.
- More jobs—not just for today, but for future generations.
- Apprenticeships and entry‑level graduate roles that bring fresh talent back into the workforce.
From Money to Meaning
Instead of whining about “the last Government” or chasing lofty dreams, Gleeson argues the immediate focus should be:
- Leveraging pension funds for real investment.
- Rolling out business deregulation to spark job creation.
- Re‑introducing the safety net for working‑class families, rather than piling on uncertainty.
What the Wider World Says
“British businesses and the public are done with empty slogans,” the partner added. “This Government needs to do real thing—clear and direct action that takes the blame out of hindsight and pushes into proactive solutions.”
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