Leader: Another Fine Speech - but We're Still Waiting for the Fine Details
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Summary
DAVID Cameron's speech on the economy yesterday lacked for nothing in confidence and ambition. And it is a welcome recognition that economic regeneration is as important as deficit reduction if we are to secure recovery. But is he really the master of the universe he perceives himself to be? What in all the fine phrases is specifically new? And how achievable is it?
In his first major speech since becoming Prime Minister he has pledged to make the next decade the "most entrepreneurial and dynamic in our history". Firms will be helped by cutting red tape, improving trade and transport links and getting banks lending. The government's ambition, he declared, was to have the "most competitive corporate tax system in the G20".See the full content of this document
Extract
Leader: Another Fine Speech - but We're Still Waiting for the Fine Details
In a section which will have particular resonance in Scotland, he said the coalition government would try to "rebalance" the economy, which had become "heavily reliant on just a few industries and a few regions - particularly London and the South...
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