FOR MORE IN FORMAT ION P L EA S E G E T IN TOUCH ON 0 20 7 2 22 9 5 00 , EMA I L U S AT IN FO@WACOMMS . CO .UK OR V I S I T WWW.WACOMMS . CO .UK

WA is the agency of choice for clients with complex public affairs and strategic communications challenges. We blendcreative, strategic thinking with experience to solve our clients’ challenges. We develop and protect clients’ reputations,inform the policy debate and help clients get up to speed quickly on the external issues and stakeholders that matter.

A little from the right, a little fromthe left and opportunities galore forthe private sector to get involved indeveloping and deliveringgovernment policy.

Business tax and governance1. Corporation tax will continue to fall to 17% by 2020.2. Large government contractors will have to comply with the Prompt Payment Code

on all of their accounts, including those with other businesses. 1Personal finances and rights at work3. The tax-free personal allowance will rise to £12,000 and the higher rate to

£50,000 by 2020.4. Increase the National Living Wage to 60% of median earnings by 2020 and then

by the rate of median earnings.5. Remove the 2.5% uprating minimum from the pensions ‘triple lock’ after 2020

and means test winter fuel payments. 26. A workers’ rights package that safeguards EU protections and gives workers

more representation at board level.

Industrial Strategy 37. Introduce a new £23 billion National Productivity Investment Fund targeted at

housing, local transport, research and development, economic infrastructureand skills.

8. Change the planning law for shale gas applications and set up a new ShaleEnvironmental Regulator. 4

9. A re-commitment to build 1m new homes by 2020 and a further 500,000 by 2022. 510. Continue with HS2, Northern Powerhouse Rail, train line investment and

Heathrow expansion plans and invest £600 million by 2020 to improve electricvehicle take up.

11. Support local authorities to expand cycle networks and upgrade facilities forcyclists at railway stations.

Health and social care12. Increase NHS spending by a minimum of £8 billion in real terms over the next

five years.13. Recruit 10,000 more mental health professionals and introduce a new mental

health bill.14. Implement the recommendations of the Accelerated Access Review. 615. Introduce a social care price floor of £100,000 so people will retain at

least £100,000 of their savings and assets, including value in the family homewhen paying for social care. 7

Market reform16. Introduce a cap on energy prices but maintain the competitive element of the

retail energy market. Investigate how switching sites and faster switchingcan better serve competition. 8

17. Commission an independent review into the cost of energy.

Education and childcare18. £4 billion more for schools by 2022 so no school will lose funding under the new formula and government can build at least a hundred new free schools

a year. 9

Brexit19. Negotiate a relationship with the EU that will allow continued free trade

with member states, secure the rights of EU citizens in the UK and viceversa, replicate all existing EU free trade agreements and become a key

EU partner.

Defence 20. Significant support package to help veterans to start new careers.21. Meet the 2% NATO spending target and increase defence spending by 0.5% above

inflation each year. 10

The impact of this shouldn’t be

underestimated. It could be what keeps

many, cash-flow dependent, small

businesses afloat.

Less than 10% ofLabour’s offer.

The Conservatives have refrainedfrom trying to woo the silver vote.Many would argue that this is fairbut it is brave nonetheless. Olderpeople tend to vote and they tend(ed)to vote Conservative.

This should please businesses. Full of

big government spending, much of it

is likely to end up funding new

innovative solutions. ‘Red May’ oran attempt tocease the

centre ground?

Softenedversion ofMay’s

workers onboardsproposal.

More opportunities for infrastructure innovators.

Governmentintervention inmarkets hasonly justbegun.

Tories are hoping shale gas will be thenew North Sea oil. And just in time asthe North Sea is expected to be thefirst major offshore oil region to bedecommissioned.

Innovators should watch out for plansfor new towns that could come withfinance to get new infrastructureconcepts off the ground. LocalGov/Mayors’ support will be key.

Scepticism about whether this will

actually lead to faster uptake of

innovative medicines, but it gives the

industry something tangible with

which to hold Government to account.

The devil is in the (missing) detail here.

Market participants must get involved

in the policy development. This is

definitely a ‘stand still and you move

backwards’ moment.

More than Labour.

The smart players won’t panic but willsee this as a positive opportunity to getinvolved in discussions about howmarkets should function.

Retention of a classic

Cameron-era policy and a big

opportunity for private sector

providers and charities.

Slight relief for MoD but muchmore investment will be needed tobring the armed forces back to

full capacity.

May not mean much to many, butwill be very well received by veterans

and their families.

Didn’t we just have one?!

Very ambitious! Well it does mean Brexit, butperhaps a little softer than some had feared.

1

2

5

7

8

10

9

4

3

6

Somethingfor the middle

classes.