Chancellor needs to stop relying on selling futures and rethink economic strategy for the present

Blick Rothenberg is urging Chancellor Rachel Reeves to rethink her economic strategies, highlighting the government's focus on large infrastructure projects as misaligned with pressing economic challenges. Partner Simon Gleeson criticized the vague notion of 'growth' in recent speeches, emphasizing the potential stagnation caused by long-term projects like HS2 and the Heathrow third runway. Instead, he advocates for immediate measures to improve family incomes and stimulate job growth, such as reconsidering National Insurance changes and attracting pension fund investment. Gleeson believes these actions could lead to quicker, more tangible benefits for the UK economy.

Leading audit, tax and advisory firm Blick Rothenberg is calling on the Chancellor, Rachel Reeves, to reconsider her approach to boosting the UK economy.

'The Chancellor gave a speech today outlining her plans for improving the UK's growth,' Gleeson said. 'However, 'growth' seems to have become a catch-all term that sidesteps the real challenges facing major infrastructure initiatives, such as HS2 and its cost overruns.'

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