UKIP has today completed a mini reshuffle, with Mark Reckless being confirmed as the Party’s Economic Spokesman.
The former MP was a City Economist, and his past publications include ‘The Euro: Bad for Business’, ‘The Drivers of Regulation’ and Euromoney ‘Guide to the London financial markets’.
Mr Reckless said, “I am delighted to take up the economics role for the party. It is an exciting time with the European referendum now firmly on the horizon. One of the most important roles in that campaign will be to show to the British public the economic opportunities and advantages for British business and the wider economy when we leave the European Union.”
UKIP Leader Nigel Farage said, “This brings real world experience into our top team. Mark is an expert in his field and will be able to explain how the UK economy will benefit from EU exit.
“His appointment shows how the UKIP story has many more chapters to run”.
Marks priorities in his new role are set out below.
As UKIP’s economy spokesman I will make the non-socialist economic case against this Conservative government and put forward a better alternative.
Today’s employment data show the jobs market has been up and down in the past few months. But for the past five years there has been one major and consistent trend. The number of hours worked in the UK economy has greatly increased, but the output for each hour worked has barely changed.
It is that stagnant productivity that needs to change. Productivity growth of over 2% per year used to be the norm, but under Cameron and Osborne it has been near zero.
The non-socialist economic case I will be making against the government is that Britain needs three big changes:
- Deregulation. Not ‘better regulation’ or bureaucratic tweaks to add yet more complexity, but lifting the heavy and cumulative burden the state puts on business and enterprise. Taxes should also be simpler as well as lower. To set enterprise free we need to leave the European Union. We also need a government that backs markets, competition and enterprise, not big business corporatism.
- Banking and capital markets that work. Eight years after interbank markets froze in August 2007 we still haven’t dealt with the problems. Interest rates still at 0.5% and a quarter of government debt is owned by the government itself through the Bank of England. This means savers are not rewarded and capital fails to flow to more productive firms. Hence productivity still stagnates.
- Control immigration: an economic issue. An unlimited supply of cheap labour from overseas weighs on productivity. We need instead to train and invest in our own workforce to improve skills and productivity and hence wages. We also have to deal with our current deficit, at 6% the joint highest in the OECD. This means tackling not only our trade performance, but an investment balance skewed by printing too much money, and runaway ‘transfer’ payments e.g. overseas aid, EU contributions and migrant worker remittances.
Mark Reckless, UKIP’s Director of Policy, joins Julia George on BBC’s Sunday Politics South East to discuss the forthcoming EU Referendum and why Britain is better off trading with Europe, but governing ourselves.
Mark Reckless, UKIP, joins David Campbell Bannerman MEP on the BBC’s Daily Politics to discuss the forthcoming EU Referendum
UKIP’s Mark Reckless speaks to BBC’s Sunday Politics South East show following his general election defeat in Rochester and Strood.
In two days people in Medway will be making a choice about who should be entrusted to represent them in the government for the next 5 years. This choice will determine how things shape up in Medway and in the country and whether life will continue to be a struggle or things will ease and whether we would see progress or stagnation.
This right to vote is not just a privilege, it is a great responsibility. There is no choice of staying at home and saying – ‘Nothing will change, so why vote.’ If you say that, you are underestimating your voice and by doing so, you forfeit the right to demand accountability from your leaders.
When you cast your vote, it is important to remember that you are voting for people not just Parties because, ultimately, it is the people and their ethos that count. You want a strong MP who will stand by you, your interests and values even if his Party may not approve it. Someone who believes that his hometown is where he belongs and remains loyal to his supporters even though placed in an ivory tower. Someone who is tried and trusted and has not belied hopes. Someone who is Mark Reckless!
We at Marlowe Park Medical Centre remember your hard work and stand by you – go for it Mark!
Dr Sanjeev Juneja, Marlowe Park Medical Centre, Strood
Mark has been privileged to serve with Councillor Ted Baker as a ward colleague.
Ted is standing down at this election after over thirty years of service to Medway Council and the old Rochester upon Medway Council. Ted twice served as Mayor of Medway, in 2001/02 and again in 2011/12, and has been Deputy Mayor on five occasions.
Hundreds, probably thousands, of people across Rochester will recall Ted’s kindness and the help he has given to so many people on matters big and small. It is wonderful that Ted’s service to Rochester was marked by Medway Council making him an Honorary Alderman at its meeting on 23rd April. Mark Reckless said:
“Over the past 15 years Ted has taught me a great deal about Rochester and its history, as well as always putting constituents first. I am grateful to him. Many reading this will want to join me in wishing Ted and his wife Sylvia a very happy retirement”.
Mark Reckless would like to thank the hundreds of people across Strood who returned the survey on his proposed road changes to Get Strood Moving.
The four different measures which Mark proposes to improve traffic flow through Strood gained substantial support in the consultation:
- 86% support introducing traffic lights at Darnley Arch roundabout;
- 89% support changes to Commercial Road between B&Q and McDonalds;
- 92% support creating a new one way Strood-bound road from Rochester Bridge through to Strood Retail Park and Knights Road; and
- 91% support improvements to the Medway City Estate exit including a new third lane up to the Sans Pareil roundabout.
Having confirmed money is available, Mark will now look to progress these improvements with Medway Council if he is re-elected.