EVTV the current C party is Thatcherite Flashcards
LOA
yes
yes- economic policy
thatcher cut tax, public spending, size of state , promoted individualism, economic growth
income text went from 80% to 40%
corp tax went from 52% to 34%
spending cut by a billion on housing energy and education
privatisation
removed state from market
1981 telecom
similar to liz truss mini budget to tackle inflation
cut corp tax, stamp duty abolish top rate of income tax
2024 spring budget
cut to nat sinurance 10% to 8%
election manifesto cut to 7%
2024 speech on sick note culture and disability benefitslike thatcher opposed to large welfare state and major govt spending
against- economic policy
should be seen in context of inflation snf fixing the damage of liz truss mini budget attempted Thatcherite reform
sunak govt reversed truss tax cuts and pledged to increase tax to bring down inflation
2023 corp tax 19% to 25%
sunak pritorised national finance in context of cost of living crisis reduce inflation and reducing national threat
For- foreign policy
Thatcher- strong and assertive gained rep of Iron Lady
falklands war and standing strong against USSR
Reagen relationship
projected Britains interests abroad
current c have strong approach with Ukraine Johnson and sunk both
ex foreign sec stated that govt needs to take strong stance on china and not cohering to norms and values of int community
2024 2.5 bill to Ukraine
one of largest in Europe behind Germany
Davud cameron
sought to persuade House of reps in US to keep funding Ukraine
thatcher and current party eurosceptic
against - brexit, immigration
brexit policies r reckless and anti free trade not what thatcher would have supported
she was eurosceptic of political union not trade and economic union
sunak is anti immigration and contrast to thatcher who saw economic benefits
safety of Rwanda act 2024 passed although criticised
major cost for policy with little economic benefit
290m to rwanda
11,000 pp
151000 pp for processing and integrating over 5 years
thatcher income tax
83% to 40%
thatcher corp tax
52% to 34%
spending cut
over one bill
first privatization
1981 telecom
SUNAK spring budget
cut to nat insurance from 10% to 8 to 7 in 2024 election manifesto
sunak corp tax to undo truss
19% to 25%
in 2024 how much did uk send to ukraine
2.5 bill
Rwanda costs
290 m to rwanda
11000 pp flights
151000pp for integration over 5 years