Employment levels maybe stabilising, but youth unemployment remains high and is one of the biggest threat to the UK economy’s future. We have to give them the skills for the future because if we don’t charge our economic batteries by training young people now they’ll go flat. Without skilled people powering our economy, we won’t have the energy to drive the country forward.
I’ve been calling for a government-backed business lending bank for ages so you will forgive me if I’m now becoming a little frustrated that, after such a promising announcement, the actual details of how it will work, who will be eligible, and even how much money it will have to lend out, are still not available.
If the Olympic motto was ‘inspire a generation’, the motto of the unemployment figures published today should be ‘invest in a generation.’
The Bank of England reckons the economy will be flat lining again with its growth forecast being cut to close to zero. It has fuelled debate for new measures to stimulate the economy, but what happened to all the cash that has already been thrown at the banks to get the country moving again?
So, George Osborne wants people like me to make more noise about the need to cut taxes to help make the UK more profitable does he?
Let me offer support for the Venture Capitalist who has condemned Business Secretary Vince Cable as not being fit for office who is not supporting business.
We cannot allow the rear view mirror economics that has put the UK into a double dip recession should not sculpt how businesses run their operations.
I signed the letter to the Daily Telegraph quite simply because the 50p tax rate is a bad tax that’s bad for business and bad for the economy.
The Government has to look seriously at the knock-on effects of the planned 3p rise in fuel duty. Of course, they have to find ways to increase the income of the public purse to chip away at the country’s huge debts, but they could be shooting themselves in the foot with this one.