At least they are not quite as shameless about it as Trump. The state of that budget.
The worry is that the Cons follow in his footsteps and reduce tax further to "stay competitive in the global race (to the bottom)".
The thing is, all the evidence says cutting rates is not effective. Despite the previous cut investment is still historically very low, so clearly it is not the magic bullet the hard right seem to think it is and yet they persist despite that. I think at this point tax approach has proven unsuccessful and we need to start looking at more intelligent ways to boost investment and productivity beyond that such forcing up wages (which is currently a low risk policy now that unemployment is quite low) and offering direct state assistance to modernise (i.e.
target monies specifically at modernisation in key sectors rather than just give them away by cutting tax and crossing your fingers).
Sadly, I don't see anyone in British politics who is economically competent enough to implement such a policy and the aversion of the Tories to intervention means we will stuck crawling along in first gear for years to come. I was cautiously optimistic when May launched her leadership with a surprising endorsement of the power of the state, however since then there has been no discernable action and it seems the rhetoric was just that.