Starmer’s ministers look at new economic blueprint to quell voter anger

Devolution of tax powers to mayors, scrapping of national insurance and property tax overhaul on report’s menu Cabinet ministers have been studying a blueprint for Labour to radically overhaul its economic offer and messaging, including devolving tax powers, abolishing national insurance, and major property tax changes. Passed around dozens of MPs, the paper argues that without a major rethink, the failure to tackle the discontent on the cost of living will hand the next election to a hard-right government. There is also increasing concern that the war with Iran – pushing up prices of fuel, energy, food and mortgages – will fuel further mass public anger. The report, which has the draft title of the Beveridge Report for the Economy, will say the British economy rewards grifters and exploitation rather than hard work, and that voter anger is fuelled by the belief that hard work and “doing the right thing” leaves many feeling cheated. Several potential Labour leadership candidates are understood to have requested to see the report, which was prepared as part of a partnership between the Labour Growth Group of MPs once considered loyal to Keir Starmer and the Good Growth Fou