How to give industry a chance to be profitable and conmpetitive eh ?!! FFS.
They'll just raise taxes, it'll be fine in their 'perfect' little world.
Nail on head.
Nobody in politics in the UK has had to come up through the ranks as businessmen, entrepreneurs, etc. They are career politicians, so have no understanding, nor interest, in how their policies affect those at the coal face.
.. and, I think, now Huhne has gone, Cable gets my vote for the most effective Oxygen waster in government.
Years ago, when Margret Thatcher's chancellor had produced a radical budget, removing capital controls and reducing the top rate of tax to 40%, Margret Thatcher said "Britain is now open for business". So people like me running our businesses got on with doing just that, about 95% of our £1-2m turnover was generated by selling abroad.
Under Labour, the enterprise door was shut through taxes, red tape and their (and now most of the people in this countries) attitude to business people and profits. The last time I remember such hostility to enterprise, businesses and profits was in the late 60's and early 70's under Heath and various Labour Government's.
Cable's speech as Business Secretary was an absolute disgrace when he basically called entrepreneurs, business people and bankers, spivs and gadflies. This is another major reason, why I realize, I have to get out of this country as the door is not only firmly closed, but bolted and alarmed by Cable to keep out anything remotely like free enterprise. Industries only function under the last and this Government's policies is provide an outlet for their hairbrained social engineering policies and of course for them to pay taxes for the Government to
waste spend.