TaperedPlus Ltd

As the clock ticks towards the next General Election, what are the key priorities you believe the principal parties must include in their manifestos to catalyse the economy and instil fresh market confidence?

Aman Chahal

Co-founder and chief executive

TaperedPlus

The UK must prioritise green growth, as it is already falling far behind international competitors in Europe, Asia and the US.

Current energy costs, among the highest in the EU, are already placing great strain on our homes and businesses, so rapidly expanding the UK’s commitment to energy reduction is essential.

The CBI estimates that failing to invest will result in the UK losing out on £4.3 billion of green growth by 2030 alone, underlining the necessity to incentivise investment.

Germany is streets ahead in the development of heat pumps and insulation; France leads the way in electric vehicle charging infrastructure, and the US is focusing on operational carbon capture.

The UK lags behind in all these areas, despite the fact the drive to net-zero can create far-reaching growth opportunities.

I’d also like the next Government to incentivise businesses to create more jobs, in particular apprenticeships, to help overcome the massive skills shortages in a range of industries, including construction.

There should also be a rethink on abolishing the corporation tax super-deduction, which will not only remove the stimulus for business investment but will see the UK plummet from having the fifth most competitive tax system in the OECD to the 30th.