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Tax Reforms and Regional Productivity in the UK
The chapter explores potential tax reforms suggested for a Labour Chancellor to boost economic growth and productivity in the UK, emphasizing the disparities in regional productivity levels post-Covid. It delves into the impact of productivity on wages and income inequality, highlighting the need for targeted investments and incentives in low productivity regions. The chapter also discusses the role of clusters in enhancing productivity and proposes strategies like tax relief for businesses to foster collaboration and innovation.