Thursday, 6 June 2024

Department of Work and Pensions

 

Department of Work and Pensions

Evan Davis of the BBC wrote a book in 2011 called ‘Made in Britain.’

This is the fascinating story of why, when tangible signs of wealth, such as the car industry, appear to have left these shores, the county continue much the same.  This government will continue to encourage innovation and discovery linked to prosperity.  The answer Davis gives, it that Britain is involved in the manufacture of  parts that are very specialist, and of high value.  So the car does not say 'make in Britain', but it is made with British components.  Britain is also bit in the manufacture of nasty weapons, and financial shenanigans.

For this to happen, the government will support international collaboration, and help to foster the most suitable environment for  innovation to grow.  The government would like each sector to find a healthy balance with each other.  For example,

Food- maximise the production or artisan and high-quality food.

Tourism- regulate and encourage the development of local tourism (similar to that seen in countries like Poland).

Industry – focus on specialist designs and technologies

Education – work with international partners to continue to create an educational package that does not compromise on western values, but meets international needs.

Financial services – These will be dependent on a fiscal stability created through transparent regulator bodies.

Art and Design -  use the strength of the British legacy in design, using international influences to stimulate the manufacturing sector.

The link with pensions will be to encourage a tapering off paid employment in older age, with the opportunity for people to use the expertise they have built up over a life time though charitable and social enterprise.

The government will also ensure that levels of income at retirement are within an aggressed parameter.

The government will initiate a societal discussion about what levels of pay are considered appropriate.  Pay will be help in check through a social contract.  If rich people    wish to leave the UK because of this policy, the government will believe that there will be talented people who are prepared to take on these jobs.

The government will sponsor events that look at the wholistic nature of property, and attempt to find ways in which industry can created mutually reinforcing patterns of growth.  The government will ensure that industry is not in a position to exploit the market, for example phone companies issuing different charging sockets, or upgrade requiring all other components to be upgraded at the same time.

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