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Tax Cuts Not the Remedy: Tory Candidates Have No Realistic Plan to Tackle UK Crisis, Observers Admit_我的网站

一 |     "I think the end of the Johnson administration is a positive thing, despite the infighting," says Rodney Atkinson, an academic and political and economic commentator. "The candidates may be promising irresponsible tax cuts and not understanding how the economy works but the public debate is more mature and in the end the right policies could emerge.",One of the candidates, Sajid Javid, former health secretary, vowed to axe the former chancellor’s plans to raise the corporation tax from 19% to 25% in April 2023, and decrease the rate to 15%. His competitor Jeremy Hunt pledged the lowest rate of business taxes in the Western world, while Liz Truss, yet another contender, is also willing to adhere to "low-tax principles." In contrast, former Chancellor Rishi Sunak, who is seeking the prime ministership along with his party fellows, has placed emphasis on "fiscal prudence" rather than tax cuts, while criticizing other candidates for offering "comforting fairytales.","There are two economic issues here," explains Gayle Allard, a professor of economics at IE University in Spain. "One is the debt, which is clearly a problem for the UK and which would be aggravated by tax cuts. The other is the dilemma between trying to restart growth (which requires a tax cut) and to control very high inflation (which requires a tax increase). And then there is a political objective: voters like tax cuts. Which will win out? I would hope for a short-term tax increase, with the government keeping its promise to reduce it later. I think that makes the most sense.",According to Atkinson, those who are promoting tax cuts without at least equal cuts in state spending are "totally irresponsible.",While the bulk of the candidates are promising anything between 20 and 40 billion in tax cuts, what everyone's really pledging is "to reverse the increase, which was implemented as of April 1," according to Marc Ostwald, chief economist at ADM Investor Services International.,"Let's take, for instance, the corporation tax cut which is being proposed," Ostwald says. "It's not actually a tax cut, because really all it is, is basically saying 'we're not going to implement the increase from 19% to 25% in corporation tax that is planned for next year.' Only Jeremy Hunt, I think, amongst them all is basically pledging to actually cut it down to 15%.",UK's Tory Government Faces Social Collapse, Having No-One But Itself to Blame21 June, 05:48 GMT,However, there are plenty of problems that cannot be fixed by the much-discussed tax cuts, Ostwald underscores: "The UK's infrastructure is atrocious; the level of poverty in the country is bad; the cost of living crisis [is] somewhat worse in the UK than across much of the rest of the developed world.",British unions kicked off a series of industrial actions starting from June 2022, demanding pay raises in line with skyrocketing inflation and protesting over the cost of living crisis. Tens of thousands of railway workers walked off the job in Britain on June 21. Criminal law barristers took to the streets on June 27. Teachers' unions and the civil service have been balloted on possible industrial action, while doctors and nurses are threatening to follow suit. Meanwhile, British rail and transport workers have voted in favor of a new strike in July.,There are also a whole array of problems related to Brexit, including red tape and other "non-tariff barriers" which translated into additional costs for businesses and are eating away at their margins, according to the economist. He laments the fact that neither the Tory nor Labour Party has so far proposed any solutions to these problems.,'We Want to Save Lives': How Tory Cabinets Pushed NHS to the Wall, Disregarded Nation's Health28 June, 17:52 GMT,UK's Political Instability Making Crisis Worse,The unfolding socio-economic instability has been exacerbated by Johnson's resignation and the internal infighting among British Tories is to some extent "damaging the economy by creating unnecessary uncertainty," according to Kevin Dowd, professor of finance and economics at Durham University.,"[A] lot will depend on who wins the leadership," Dowd says. "There are one, maybe two, decent candidates in there but for the most part they are a sorry lot, and I am not optimistic that a good prime minister will emerge… Most if not all of these people do not have a strong grasp of what the country needs, so I expect a lot more policy drift and a bad outcome for the Tories in the next general election.",A big number of contenders for BoJo's position "shows actually that Johnson has left a bit of a vacuum, because he was to some extent actually quite popular, despite all his lies, despite all his gaffes, despite his incompetent policies, despite all the back to and froing," according to Ostwald.,However, none of the 11 contenders "stands out as a genuine leader, as a prime minister, as a leader of a country," the economist emphasizes.,Boris Johnson Pledges Not to Back Any Tory Bidder as 'Dirty' Leadership Race Gains SteamYesterday, 14:30 GMT,'It's Johnson's Fault',It is Johnson who bears "90 percent" of responsibility for the current crisis, the economic observers argue.,"[Johnson] had let state finances get out of control before the COVID Lockdown spending," Atkinson says. "He has been the most irresponsible prime minister since Edward Heath who between 1970 and 1974 led a spending and monetary expansion boom. It resulted in the International Monetary Fund (IMF) controlling the UK economy in 1975. Johnson’s first instinct was more Government and more spending and more borrowing. We will be paying for his failure for decades.",Johnson "must bear a lot of the blame," Kevin Dowd agrees. While having a huge parliamentary majority and the opportunity to make radical reforms free of the shackles of the EU, Johnson "blew it," according to the professor.,"What are the chances of the UK going into recession? I think it's pretty much baked in the cake," echoes Ostwald. "There isn't a lot of momentum there. The trade position is getting worse. The cost of living crisis is quite clearly there and the investment into the UK is getting weaker and I would add that this whole methodology of applying sanctions by seizing assets is particularly bad for the UK. The UK has been attracting foreign capital from Russia, from the Middle East, from Asia, from pretty much anywhere that one can think of for a very, very long time.",However, it's not only the outgoing prime minister who is responsible for the current crisis in the UK, the economist admits: "These have been accumulating for years. People have been going to the food banks in the UK since the numbers started rising in the early 2010s after the global financial crisis and the numbers got a lot worse than in the meantime, particularly due to the cost of living crisis," Ostwald concluded.。    京津冀联合发布7项共建计量技术规范区域性计量技术规范累计达49项日报讯（记者马彦铭）8月5日，京津冀三地市场监管区域协作会议在张家口召开。会上，三地市场监管部门联合发布7项共建计量技术规范，覆盖生物医药、医疗卫生、产业协同、生态环保及民生保障等多个关键领域，其中2项规范填补国内相关领域空白。本次发布的7项规范，通过联合评估立项、季度协同推进、统一发布实施和集中效果评估的全流程管理体系，进一步统一区域内计量校准规范，推进技术协同，有效消除了跨区域检测差异，为产业升级、城市治理和民生保障提供了坚实技术支撑。

二 | 这是自2017年启动计量技术规范共建机制以来，三地集中发布的第十批区域性技术文件。至此，三地累计发布的京津冀共建计量技术规范达49项，有效形成跨区域计量技术协同的“京津冀样本”，其工作模式已在华北、长三角等地区推广应用。本次发布的计量技术规范，在生物医药与医疗卫生领域，《胎心模拟仪校准规范》为全国首个胎心模拟仪器类校准规范，填补了母婴诊疗设备量值溯源空白。《医用温度报警器在线校准规范》与《澄清度测定仪校准规范》匹配药典要求，为保障药品存储安全与药品检测合规提供了重要技术依据。在产业协同与生态环保领域，《垂直轴偏差测量仪校准规范》统一包装容器测量标准，消除了跨区域检测误差，为食品、药品、化妆品等产业一体化发展赋能。《化学发光定氮仪校准规范》完善总氮检测量值溯源链条，支撑区域环境监测与科研单位生产和研究。在民生保障与安全监管领域，《氧化性固体试验仪校准规范》创新质量变化速率测算方法，攻克燃烧速率校准难题，填补国内相关领域空白，为海关、化工、民航危险品安全监管提供技术支撑。《电子温压转换膜式燃气表检定规程》强化计量数据精准与安全，保障居民燃气计量公平公正。

三 | 另外，三地市场监管部门还将建设京津冀特种设备技术专家库，充分发挥专家在标准政策制定、科研课题攻关、突发事件处置、安全风险研判、检验检测支撑及疑难技术问题解决等方面的智力支撑作用，提升区域特种设备安全治理能力与水平。

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