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Cameron champions enterprise as the "only strategy" for UK growth

Added: 2011-03-07 17:22:44.0

The Prime Minister has rallied for the government to get behind entrepreneurs in his speech at the party’s spring conference.  Cameron both declared war on the “enemies of enterprise” and stated that the Budget on 23rd March would be the “most pro-growth this country has seen for a generation”.

There is little doubt that the past 2 years have been difficult for small businesses; with the collapse of the global economy and the fact that high street banks have not been lending. However, in the new Budget, the PM and Chancellor George Osborne will seek to make it easier for small businesses in terms of more financial support, the creation of 10 new ‘enterprise zones’ in some of the more deprived areas of the UK and, most importantly for some, the reduction of the bureaucracy associated with running a business.

In a speech which was undoubtedly designed to inspire and ignite the spirit of the underdog, Cameron was clear in his quest to play on the grievances of the small business owner. The following quotes are a selection from the speech:

"There's only one strategy for growth we can have now and that is rolling up our sleeves and doing everything possible to make it easier for businesses to grow, to invest, to take people on.”

"The spark of initiative. The courage to make your dream happen. The hard work to see it through.”

“What drives us is getting things done - and what drives us mad is the bureaucracy, the forms, the nonsense getting in our way”

"Back small firms. Boost enterprise. Be on the side of everyone in this country who wants to create jobs, and wealth and opportunity."

"I can announce today that we are taking on the enemies of enterprise.  The bureaucrats in government departments who concoct those ridiculous rules and regulations that make life impossible for small firms.  The town hall officials who take forever to make those planning decisions that can be make or break for a business - and the investment and jobs that go with it. The public sector procurement managers who think that the answer to everything is a big contract with a big business and who shut out millions of Britain's small and medium sized companies from a massive potential market."

"We understand that enterprise is not just an economic good, it's a social good."

Whether or not this month’s Budget will have the desired effect is yet to be seen.  One sceptic is shadow chancellor Ed Balls who commented: "When we urgently need a plan for jobs and growth to get the economy moving again and help hard-pressed families all David Cameron and George Osborne can offer is empty words but precious little action.

All we've heard from this conference is the reheated rhetoric and warmed up policies of 30 years ago - a VAT rise, deep spending cuts, knee-jerk deregulation and enterprise zones which didn't work when they were tried in the 1980s.

If David Cameron wants to know who is the real enemy of enterprise and growth in Britain today he only needs to look next door at his own chancellor.

It is George Osborne's reckless plan to cut too deep and too fast, which has seen the economy go into reverse."

How do you feel about the Prime Minister’s speech?  Do you think the Budget will help you and your business?  Or do you think that the speech was purely for PR?  Let us know by commenting below.

The content of this blog is not legal advice and should not be relied on as such, or used instead of seeking legal advice.


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