
A businesswoman working hard, taking risks, employing people, training youngsters or a businessman putting his house on the line to make profit (not a dirty word Mr Corbyn) which generates tax which pays for schools and hospitals must shudder as the general public (and not a few politicians and the media ocean they swim in) believe a different portrayal. We are where we are, turn all this to advantage, grasp the initiative and, as the Ghost of Christmas Present takes over from his shrouded predecessor, let us end the year realising that Brexit can give this outward-looking, globally-engaged Country of ours such a fabulous future if only we believe in ourselves but….Mrs May…….GET ON WITH IT!īut Christmas Present will also point out another big challenge for Business. To the Brexit mourners, to the Government, to all those who still hanker after a different result I say: SUMO….Shut Up Move On. It hates uncertainty, it likes to touch the bottom as it swims through the risk-taking waters of wealth creation. Business doesn’t like bad news but it prefers it to no news. The great economic Powerhouse of the UK, which had made a financial success of immigration and saw globalisation as a huge opportunity not a threat, lost out in the EU Debate to the rest of England and Wales. Unless Business gets its productivity improving quickly there is big trouble ahead on this one.Īnd then came 23rd June! London got the shock of its life. The Conscience of the Nation, the House of Lords, rejected the immediate reduction of tax-credits (it was not the Labour Party who did this whatever their convenient memories may say it was many Tory and Liberal Peers who threw out the Bill) and so with other things on the Government’s mind the Chancellor gave up the fight and so we are left with inflationary, differential-busting pay rises to come with no commensurate tax credit reductions. To ask the employer to bear the burden of supplementing low pay rather than all taxpayers through the tax-credit system had considerable merit but the consequences remain to haunt the Economy.


#Tiny tim god bless us one and all how to#
UK Business was working out how to contend with the upcoming Apprenticeship Levy but given the many warnings of how training and upskilling were just not good enough (and the Country’s productivity was suffering as a result) and how the imposition of compulsory training by every employer (in the public sector as well of course) had been resisted for so long by the promise of putting their own house in order, they could hardly bleat.įaced with Her Majesty’s Loyal Opposition comprising one of the most anti-business, anti-wealth creation and anti-aspiration political parties ever, George Osborne set about shooting another Labour Fox and his Budget introduced a dramatic, though to be phased in over a few years, increase in the National Minimum Wage up to the levels of The Living Wage. The Ghost of Christmas Past takes us back to the beginning of 2016 the Prime Minister and his Chancellor were riding high, having unexpectedly won the General Election some seven months before. Just before Christmas 1843, London publishers Messrs Chapman and Hall published a book that sold half a million copies (and sold out) by Christmas Eve to great acclaim (and with, I guess, not a few gnawed-at consciences) Charles Dickens’ “A Christmas Carol” had arrived.Īs Londoners head for home this Christmas, after one of the most tumultuous years for the Capital, for our Country and for the World for some time, let’s take one of the great author’s ideas and ask those Three Ghosts to look at the business scene.
