Monday, 2 February 2015
The Conservatives are not the Party of Enterprise
The perception that Labour is anti-business has no basis. I set up my
business when Gordon Brown was Chancellor which benefited greatly from
his low corporation tax policies for small business now abolished.
Labour's recognises that Small and Medium Enteprises (SMEs) are the
bedrock of UK PLC. SMEs are almost exclusively British owned, represent
over 50% of UK GDP, and offer a wide range of flexible and skilled
employment opportunities. In contrast the Conservative Party has shown
total disinterest in SMEs, preferring to offer substantial tax cuts to
Large Enterprises. I now pay a higher tax rate on my profits than many
well-known multinationals, and am proud to pay my correct share of
income tax, unlike some of Labour's critics. As an engineer I am also
appalled by the dumbing down of our education system to remove any
credit for the skills that are essential to support our innovative base.
These include punitive fees for higher education, forcing highly
skilled overseas post graduates to leave the country, and in our schools
downgrading the value of key subjects such as Design and Technology and
abolishing coursework and practicals in assessments. We need a skilled
workforce, well practiced in technology and innovation, and demonstrably
able to apply those skills to create wealth. The abolition of Regional
Development Agencies, who played a major role in promoting the interests
of SMEs was the Tories greatest folly. Finally, but not least, the
Conservative Party's threat the UK's continued
membership of the EU threatens our export markets and demonstrates their
total lack of business credentials.
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Not to mention the Conservative's foolish 'war on wind turbines', which could be regarded as a direct attack on the British economy!
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