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Conservative Policies 2024 - Coggle Diagram
Conservative Policies 2024
Help to Buy Scheme
Provide first time buyers with an equity 20% loan
Stamp Duty Threshold of 425,000, so 80% of buyers do not pay stamp duty, according to Zoopla
Renters - Banning no-fault evictions, first proposed in 2019 but has been delayed [by lords]
Abolition of Self insurance for the self employed, there are more than four million self - employed people. currently, it is 6% from 12-50k, 2%, from 50k onwards.
this will cost 2.6Bn a year, as well as reducing 5.6bn annual cost for self insurance employees
Increase personal tax free allowance - more new right
Prisons and Crime
toughen sentences on:
Knife Crime
Grooming and Assaults against retail workers
Overcrowding crisis
expected to be at full capacity over the next few weeks
where will they go?
many are being released early to free up space
the tories promised 20,000 new prison places by 2025. the biggest prison building programme in over a century.
only 6,000 new places created so far - so it was not met
the new manifesto pledges to complete this programme by 2030
Net Zero without new green charges
The Conservatives say they'll meet their goal of reaching net zero by 2050 unless there is “unaffordable eco-zealotry”, or in other words, it is not a priority, and all only be pursued if practical.
However, The Climate Change Committee, the UK’s independent climate committee, has warned that the UK isn't on track to cut greenhouse gas emissions by 68% by 2030 [from 1990]
Conservatives promise there will be no
new
green levies or charges. They also promise any big new decisions will be put to a vote in Parliament. Local communities will be empowered to vote on new onshore wind projects and low traffic neighbourhoods.
Accelerating the rollout of renewables - trebling offshore wind, and will approve new small “modular” nuclear power stations.
Increased defence spending
Promise of Security, pledging a commitment of 2.5% of GDP on defence spending. Current NATO target is 2% for reference.
They plan to increase it cumulatively, year on year, they set a new target by 2030.
This policy has a dual aim of differentiating themselves from Labour's 2.5% target, the sonervatives aim to differentiate themselves from Labour once economic conditions allow.
end of 'low-quality' degrees
There is a firm focus on parents’ concerns, including: requirement of schools to ban the mobile phones during the school day. The Conservatives are also pointing to their record on improving maths and reading compared with other countries. Schools, are preoccupied with their stagnant budgets to maintain standards.
Close university courses in England with high drop-out rates - or which leave graduates no better off. however, this is already present with The 'Office for Students', which regulates universities and acts if courses fall below certain 'quality thresholds'. This applies to an estimated 3% of current students in the UK. the conservative policy introduces 'potential graduate earnings' as a metric of 'quality', and if taken into account, more courses might fall into this category.
Fund 100,000 extra apprenticeships a year by the end of 2025. This can only happen if employers want to create them. so this policy can be argued to be impractical as it relies on external forces. .
Regular flights to Rwanda
Manifesto outlines the plan to send more asylum seekers to Rwanda, describing a regular rhythm of flights every month, starting in July 2025. There is scepticism about the practicality of this solution and lots of doubt whether this will be achieved. furthermore, the date of July is a delay in itself
There are currently dozens of potentially major challenges with the proposal, which could go to the supreme court
The current plan only covers 300 migrants [less than 50% of the amount coming into the country in one month] - this will also incur a fee of £541 over a five year period [1.8M per individual transferred]
Legal Limit on migration
The Conservatives are promising a legal cap on migration by getting Parliament to fix an annual number of work and family visas. That level would fall every year. The manifesto says this will protect public services but the evidence that migration damages public services, where it often fills labour gaps, is highly contested.
The government’s Migration Advisory Committee said in 2018 that the cap on high-skilled migrants should be scrapped
The Migration Advisory Committee says these workers make a more positive contribution to the public finances.
Supporters of the idea say blocking business from bringing in foreign labour is a good political choice: it would force employers to invest in British workers.
We have been here before in a limited way. In 2011, then-Conservative PM David Cameron’s government imposed a skilled workers cap, but it was repeatedly criticised - not least because of its impact on the NHS - and ex-Tory PM Boris Johnson scrapped it after Brexit. So any new cap would need to learn the lessons of that scheme.
'tax-cutting' agenda Cuts to welfare and civil service numbers
Conservatives pledged to pay for 17bn of tax cuts by 2030, ranging from national insurance for self employed, but making savings elsewhere.
Want to save 12bn by reforming welfare payments. historically, previous attempts to restrain the bill for disability related benefits is tricky. onemplyment due to long-term sickness as at high of 2.8m.
there is uncertainty in the money which could be saved by clamping down on underpaying taxpayers.
Conservatives want to squeeze spending plans to fund tax pledges - but tax burden relative to GDP is still set to rise to the highest since 1948.
funding defence involves cutting the civil servicde headcount to save 3.9bn. there may be lplans to save 550m by cutting 5,500 NHS Managers
One Nation
New Dentists tied to NHS - Pro Welfare
New Right
Three strikes warning for antisocial tenants
Cap on social care costs
86,000 cap on social care costs for older or disabled citizens [no one will pay more than that for personal care over lifetime]
Current plan set for introduction in October 2025, yet with no indication of where the funding will come from.
an increase of one penny to national insurance was estimated to raise 12bn to pay for it, but was later scrapped.
pilot shames [to test how it would work] were stopped.
many said it would be possible but would need to be fully funded.