Business Plan Britain — 15 ways we could inspire after Brexit
Over the next few weeks, I am going to write a few listicles of policy ideas i’d like to see in the event of a Brexit. Bit of fun, some of which we wouldn’t be able to do as part of the EU, either. Enjoy, and be geeky, your country can be shaped by you — trust me, you’re more than capable. I just made up 15 [summary] Acts of Parliament in 1 hr…
- St George’s Act
Well, sometimes painful divorces need a treat. All you workers of Britain, here’s St George’s day off. Yes, it will cost money, but you’re going to have to keep working hard, especially in the first few years, to prove the UK isn’t a sack of potatoes.
Act also creates a Bank Holiday for all General Elections to encourage turnout.
This act also mandates one new bank holiday be added every four years! Yay. Inflation works for your taxes — why not your fun?
2. British Export Position Act
A new law is passed making it mandatory for the UK to not exceed 50:50 on its balance of payments account.
Businesses will be required to show their supply chain and procurement Balance of Payments via new online systems — the cost of which will be funded by tariffs placed on EU trade immediately after Brexit.
Personal “Balance of Payments” data will be encourage by Government where possible and made mandatory, where effected, to be shared by institutions and businesses — this allows an eco-system of BoPTech to form around citizens, showing them where their purchases come from.
The British Business Bank opens an investment arm which takes minority stakes in export-orientated business. It underwrites all loans to enable such trade for UK businesses, subject to review.
3. The Bilateral Manufacturing Tender Act
Britain has some of THE best designers in the world. From buildings, cars, yachts, to industrial design.
The intention of this act is to create businesses that design the IP locally, yet manufactures or assembles to items elsewhere. See Commonwealth Act
4. Tariff ImmunityAct
This is an act which offers a 2-year window for overseas, EU companies with existing trade relationships to pay a one-off fee which makes them immune to tariffs for 10 years.
5. Honours Act
Every year, 50 British global knighthoods/Damehoods are available, by application. The application fee will be £50m. The Knighthood is also an asset with a guaranteed “buy back” from the UK government of £10m.
100 Jurors from across the UK will vote on the Knighthood applications, following a series of requirements.
Knights are offered free visitation to the UK for 6 months a year, a limited-time passport from the United Kingdom, lunch with the Queen and royal family. A free table at two state dinners a year. Free tickets to the Royal Garden party. Unique commemorative Royal Mint coins and medals, as well as a sartorial stipend from the Royal Tailor.
The Royal Tailor is, much like the Poet Laureat, a chosen supplier to the Royals.
6. Secondary Domicile Act
Businesses which are not headquartered in the UK, but do own a UK subsidiary are required to renew the license of the UK business, much like they would a web domain. The license belongs to the British people, but is an “asset” to the company that licenses it from the UK for the given period of time, i.e annually or longer for efficiency gains.
The number of overseas purchasable business licences is limited each year, by global turnover brackets, and the price for the licenses are bid in a sealed bid auction managed by Companies House and overseas approved licensees, who have tendered for and purchased rights to offer Ltd. business licenses to their local businesses via UKTI.
A number are reserved as “free status” for growth companies and overseas tech startups, and other desirable businesses are given free licenses. These cannot be assigned without the express approval of UK government. The right of assignment may be waived if the company offers the UK government 2% preference shares in the underlying business.
7. British Produce Act
Primary and Secondary goods manufactured, grown, refined or made in the UK, are no longer subject to VAT for 10 years.
8. The Royal Suppliers Act
Businesses may apply to become suppliers to the Royal Family. The family and their representatives select the goods and award an annual license “badge” to the business. The application fee for official supplier is a sum relative to an algorithmic weighting of their turnover and number of UK employees — thus avoiding anti-selection for bigger, better paid companies.
9. Business Suffrage Act
A new chamber of government is created. Headquartered in Carlisle or York. With a new British-designed building.
The intention of the institution is to bring “lobbying” out of opacity and into the light, transparent world. Most of the Suffrage is soft, meaning votes are largely symbolic, but are published and able to be considered by the Public. Any Business vote of >50% majority triggers a parliamentary debate.
The building would be a meeting point for business and the Government. In the round debate is encouraged.
In time, the trajectory of the Act is intended to widen, perhaps offers any UK limited business’ C-Suite one vote on a basket of laws to be “unlocked” by the Act’s proceeding governments. Such as: Budget proportions for Business Investment, C-Suite remuneration, Competition Laws, Immigration Visa law.
Government Ministers oversee the format and chair the debate.
Each business is placed into a “Sector” basket, and may defer its “vote” to a proxy — such as an association. This vote is not permanently deferred and associations may not mandate this practice.
Sector members may call debate and vote for the main Economy representatives to vote on whether the lobbying should trigger an act of government.
Sectors and regions then elect a basket of representatives from their ranks to join the Economy — which is the parliament of business. It is these officials who debate wider macro issues.
As part of the Act any company may pay a fee to have their particular concern or issue debated. Some companies may pay extra to mandate at least a 60% turnout. These fees are calculable similarly to the fees for business mentioned previously.
10. Fisheries Innovation Act
A new science facility is built and funded, based in Grimsby.
It’s mandate is to research, design and develop to prototype:
- New sustainable fisheries practices
- Automated fishing and merchant navy technology
- Clean up the Waters of the World using British technology and manpower (manpower derived from a mix of places, and with typical incentives (See: The Incentives Act.))
It is funded by a levy on overseas fishing fleets and a generous loan from the British Business Bank. The facility licenses its inventions to companies and applicants, deriving income from it. It also seeks co-funding from global Commonwealth nations *(See: Commonwealth Co-operation Act.)
11. Incentives Act
British citizens typically “pay” for the right to be British. They receive security and benefits. But there’s no focus on their happiness or rewarding them for it.
The incentives act is a wide-ranging act that opens up citizens to a new covenant with their own state.
Citizens can earn hidden rewards for their good behaviour, for example:
- Safe drivers may win a “speed lottery”, from the pool of drivers who’s cars have not been snapped violating speed limit
- Those who vote regularly in General Elections & Fluid Referendum Act decisions may also receive rewards
- Good behaviour and exemplary conduct (a non-exhaustive list) also gain privileges: like dining with Cabinet, Royal Family, or holidays and visits to British protectorates, as well as one-off limited edition items created by the Royal Mint.
- A group of Jurors chosen for annual tenure consider applications for “Incentive Status” via a budget and then recommendations are put to the vote on fluid democracy act technology. Accountable to Select Committee and Bribery Act.
- Citizens offered right to invest in government assets for “fines” such as Parking Spaces, speed cameras, etc.
- New assets classes are created to allow citizens a stake in future investment, such as local municipal bonds, or digital assets.
12. Commonwealth Co-Operation Act
The UK is the “captain” of a group of nations which power the global economy.
This act creates a “business and political” business development Union. A union of progress, that’s confederal, not federal in member obligations. That is, laws, regulations and output agreed is NOT overriding on the local state law, only if agreed by unanimous vote.
It also creates an eco-system of bilateral business progression, tying those with intellectual property or manufacturing capacity together. (See earlier act.)
It will create the following:
- Commonwealth Development Bank (underpinned by a new digital reserve currency, created by the BoE)
- Free trade applications for Commonwealth member businesses, with a staging model lasting 5 years from Day 1. E.g Canadian business gets free trade license for UK, each country on-boarded over time.
- Infrastructure and research sharing agendas
13. Legacy Wealth Act
How rich should you be able to get? Answer: As wealthy as you want.
How rich should you be when you begin the game of life? Answer: Not so rich that your chip stack is swaying in the wind as you turn 18.
A free market needs to be fair. If one individual in their generation has far larger resources than their counterparts, they have an advantage. There will always be advantage between individuals, but the gap must not be so great at the start, that the probability of it remaining as great in ten years is near certain.
We stop people reaching the bread-line, because of the social failures around that. Yet, we don’t acknowledge the dangers of power and greed. Absolute power corrupts absolutely; money is power, and so forth.
Being born doesn’t give anyone the right to anything material — they should earn their way in a free market.
This act caps the level of wealth inherited for any one individual in the United Kingdom. It also caps the amount that may be inherited. With a five year runway until the act comes into practice.
Any citizen may not inherit more than £10m of combined liquidity or assets (subject to inflation each year to adjust and index). With 100% of that capital going into — not the government’s tax coffers! — but the Business Bank and a Sovereign Wealth fund.
Early “amnesty” before staging date reduces the inheritance line for “First Generation” from 100% taxation over £10m to 80% one year before, and reduces by 20% each year prior. The earlier the capital is surrendered, the better the position of the inheritor.
Early inheritance is placed in escrow and may be withdrawn for other use — it will be subject to the central bank’s interest rate to avoid inflationary erosion.
Capital placed into a charitable trust, where the progeny of deceased then gain a control is not allowed.
It also creates a slush fund which can be used to:
- Fund domestic plans and investments
- Creation of a Sovereign Wealth fund
- Provides budget to further fund Incentives Act
- Hedges large corporations by allowing activist British Business Bank investment to sway positions and shift board configurations.
- Funds adult learning and a “Redundancy Fund” for the unemployed to use
- Offers capital for “probation-period” help-to-work subsidised wages for Businesses that have applied and met positive criteria — such as Exporters, SMEs, social enterprises or charities.
14. Project UK:
This is the moon shot. The UK will create an ambition project that is “fund matched” by the UK government. Every four years, a project cycle begins
- Free electricity
- New environmental protections/parks/partnerships
- Exploration and settlement
All crazy ideas welcome. And to be decided up by a jury of academics and citizens, randomly selected.
15. Fluid Democracy Act
Democracy will be made more direct with the use of technology, apps, hardware and analytics. This act will shape the stewardship of future governments and decide how and when they may bend the underlying parameters of the UK’s system of government.
It will also create a framework for Realtime Referendums. Underpinned by a machine learning platform.
It will allow for the tax system to be structured to incentivise voter turnout — with “rewards” for good engagement.
Four options are available to any democratic citizen:
- Vote Binary 0
- Vote Binary 1
- Vote Neither/ abscond
- Vote by Selected Proxy (who votes Binary 0 or 1)
Presently, the vast majority of suffrage is actually done by the fourth option. The UK-EU referendum is a binary scenario, the most powerful of votes. Which, as you can see, freaks out all the Proxies no end!! They don’t trust us to be able to make sensible decisions.
This act flips the model of democracy, by asking the citizenry to decide what goes to proxy.
- Turnout must be 60% for Fluid Democracy to be active.
- Vote is then “processed” by the Civil Service and Government, “as if” it were an Act of Parliament
- Government and MPs are still elected based on the proxy model. They suggest legislation, are duly elected on that basis, but the legislation can be “unlocked” by the Citizenry should they wish to override the trajectory of proceedings or find a manifesto pledge has been broken.
- The law requires portfolios and law-making decisions to be “transferred” to the citizen’s control over a staging period.
- Citizens may defer their RR rights to their MP, as they do now, or simply spoil/avoid ballot to protest the choices proffered by the government and civil service.
Stages and ideas:
- Hacks and tenders will be offered for applications and technology to power this ecosystem of legislative review
- Apps for all mobile technology to allow secure, real-time voting on issues, with media partnerships and fact-checking investment to ensure a rich and moderated UGC content pool
- Hardware investment for Referendum Booths and technology that can go into Post Offices, Coffee Franchises and Supermarkets across the UK
- Vox pops will be operated by local government on issues of their choosing, to test the systems
- Citizens first asked to consider the national budget “proportions”, then given a series of votes — i.e of 100%, how much should be spent on %Insert government department or institution.% “Wisdom of the crowd” type stuff. The weighted average of the voter-based preferences, across a basket of portfolios, is then law. A proportion the government must stick to. This could include a “mandatory anchor” for certain portfolios, ensuring “no less than” or a “spread”, where no-one portfolio can exceed X%. Outlier votes would be barred — i.e “Eeek, you cannot spend all the countries money on the NHS.”
- Analytics to be shared in real time so that all users have a suffrage and democracy footprint
- Mock “Meritocracy” tests whether expertise can “unlock” voting rights and gamify the process.
MPs are subject to the same technology, and thus, their “whip” is no longer their party, but their constituency.
It is critical this Fluid model of democracy does not tear down the current law-making institutions, rather, it offers greater stakeholder interest for the people of the UK and the businesses they work for.
So there you have it.
Some things that “could” be done if we left the EU. And I am just a lowly idealist.