Really good news also about the help the Government are offering for child care and the reduction in corporation tax which will encourage overseas businesses to open up in the UK.
The news about the increase in jobs created by the private sector doesn’t surprise me because while travelling around the Country I have noticed jobs being advertised outside businesses on boards, a bit like we used to see in the 1970s. I have been mentioning this for the last few months so it came as no surprise to me that the small to medium size enterprises, such as those I support in my role as Entrepreneur in Residence at The British Library, are beginning to create the wealth and jobs the country needs so badly.
Ed Balls continual bickering over very small issues for the sake of scoring ridiculous political gain does neither him nor The Labour Party any favours. We need leadership not bickering for the sake of it, through what still is a fiscal tsunami that has been blowing throughout the World since 2008. It is no good Balls keep saying it had nothing to do with him because he was part of the Government that managed the situation so badly.
I think the overall budget was quite good given what the Chancellor has been left to deal with. It is impossible to continue spending more than we earn so tough decisions have to be made if we are to nurse the UK economy back to health.
Focus should have been applied to building relationships with the Tiger economies such as China, Brazil, India & Russia ten years ago rather than being so Eurozone focused but at least this coalition government has recognised this and are trying to do something about it now.
