John Caudwell: I backed Labour, but they haven’t kept their promises
We should be making it easier for entrepreneurs to invest, employ and expand. Instead Labour has given them more reasons to look elsewhere, writes John Caudwell...
Andy Burnham says he wants to be pro-business and I take him at his word. I want this government to succeed, and so do the founders who back this campaign, as for the benefit of the general population, we need to deliver growth.
The Budget on 28 October is the moment to show that. Get it right and the founders now weighing up their options will build their next companies here. Get it wrong and they will build them abroad, leaving Britain with fewer companies, weaker growth and fewer jobs in every part of the country.
Andy Burnham says he wants to be pro-business and I take him at his word. I want this government to succeed, and so do the founders who back this campaign, as for the benefit of the general population, we need to deliver growth.
The Budget on 28 October is the moment to show that. Get it right and the founders now weighing up their options will build their next companies here. Get it wrong and they will build them abroad, leaving Britain with fewer companies, weaker growth and fewer jobs in every part of the country.
Andy Burnham says he wants to be pro-business and I take him at his word. A strange thing to say unless it is rhetorical and more challenge than expectation. At least as much hope as expectation perhaps. Yet it does suggest how far adrift we are economically.
The political hunger for more taxation is out there in the open, along with ceaseless propaganda from the usual suspects. For Burnham to be pro-business, that tax hunger would have to remain unappeased which would be politically difficult.
Even more difficult, would be the pro-business necessity to tackle what has become obvious tax plundering and cut it deeply enough to generate significant economic growth.
Sounds unlikely. It would probably lead to a political storm before the growth, plus campaigns to undermine Burnham as Prime Minister. He knows all this of course, he comes across as a tamed politician, tamed by Labour and the tax and spend Establishment. Willingly tamed too, if his political history is any guide, which it almost certainly is.
Many people expect more tax plundering on 28 October. As furtive as possible perhaps, but it's not an unreasonable expectation. Managing the machinery of government is difficult, so most professional politicians prefer to duck and dive. It's what they do best, the act they were tamed to perform.
12 comments:
I struggle to understand why ANY businessman would back Liebor. Do they want loose all their investments?
Money lenders want to lend money at interest. If they can lend the gov more money they will as long as the gov taxes the serfs to pay it back with interest.
Try to cut taxes and the money lenders will bring you down.
It is plain to see who runs the country.
Macron, Carney, we will eventually only have bank stooges in charge.
Mike - I agree, money lenders have no interest in tax cutting because their lending market shrinks. We need a hard-nosed government to cut taxes but aren't likely to get one as too many voters have effectively been bought with other people's money.
Dave - I don't understand it either. Amazingly optimistic.
It's either genuine naivety:
A strange thing to say unless it is rhetorical and more challenge than expectation.
... or an affectation of it imho.
James - I sounds like genuine naivety, he can't quite believe that a comparatively new government won't row back from the mess eventually.
At some point the 'tax and spend Establishment' became the 'spending Establishment hungry for greater taxation and borrowing'.
DJ - and hardly anyone has the political courage to untangle it. Too many Gordian knots to cut.
Never heard of him, can't be bothered to Google him.
Anyone believing politician's promises is displaying ...er... interesting character traits.
Chris - I hadn't heard of him either, a Labour backer presumably, hoping for some kind of return.
He's best known as the man behind Phones 4u.
Dave - yes I looked him up. How anyone like that puts his faith in Labour, I don't know. A peerage hunter perhaps.
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