This is a UK news story, published by MSN, that relates primarily to Andrew Keen news.
For more UK news, you can click here:
more UK newsFor more Andrew Keen news, you can click here:
more Andrew Keen newsFor more United kingdom politics news, you can click here:
more United kingdom politics newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best world news, business news, entertainment news, and much more. If you like this article about United kingdom politics, you might also like this article about
economic growth. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest growth policies news, economic stagnation news, news about United kingdom politics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
growth economyTelegraph
•
68% Informative
Labour’s policies are, with a few exceptions, growth-destroying, writes Andrew Keen .
Keen argues that the more a government interferes with and dictates what is going on in the economy, the less it will grow.
He argues that in free markets, entrepreneurs invest where they think they can get the best return of capital.
The Government can certainly create more government jobs, paid for through your taxes.
But this does not grow the economy, except in the most make-work sense.
Private sector jobs are created by a combination of entrepreneurs, businesses and investors.
AstraZeneca , which had always taken great pride in its success in the UK , is just one of scores of companies that have shunned Britain in the past two years thanks to Conservatives .
The size of the UK ’s public sector has inexorably increased, from around 30pc of GDP last century to, during Covid , over 50pc.
Along with a large state comes the corollary: high taxes.
Academic studies have shown that the higher the tax as a percentage of GDP, the lower the growth.
VR Score
70
Informative language
67
Neutral language
17
Article tone
informal
Language
English
Language complexity
54
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
medium-lived
External references
4
Source diversity
1
Affiliate links
no affiliate links