We, at Enterprise Britain, have long given up hope that this coalition government will have any positive ideas on how to encourage growing businesses to prosper. The Prime Minister is generally too pre-occupied with delivering meaningless speeches and wrecking the National Health Service.
However we are entitled to expect our politicians to back the United Kingdom.
Due to unusual circumstances there is a vacancy for a new head of the International Monetary Fund (“IMF”). It is a highly important and prestigious position. We have a superb candidate in Gordon Brown. However he needs national support.
Dave and his pal George have no intention of doing that: they have wrecked Gordon Brown’s chances. A golden opportunity to improve Britain’s prestige on the world stage is being missed.
The Prime Minister, using intemperate language, said that the former prime Minister was responsible for all the UK’s problems and was not the appropriate choice. George fancies Christine Lagarde and thinks it will be good to have a woman at the top of the IMF.
In an interview with Andrew Marr shown on BBC One on Sunday (22 May) President Obama made specific reference to the role of the UK during the 2008 – 2009 global financial crisis. The European leaders have also paid their tribute to Gordon Brown’s leadership during this period.
David Cameron is said to like reading neuro-economic books such as ‘The Black Swan’ (Penguin: 2010) by Nassim Taleb and ‘Nudge’ (Yale University Press:2008) co-authored by Richard Thaler.
He might do better by reading ‘Beyond the Crash’ (Simon and Schuster:2010) by Gordon Brown. In this work he demonstrates his command of global economics.
David Cameron has let us down: the right man (sorry, person) will probably not get the job.
The Birmingham Stock Exchange, Investbx, has been sold for £1. The Regional Development Agency (“RDA”), Advantage West Midlands, set it up in 2007 to assist local businesses to raise capital. Only three firms joined the market. The loss is estimated at over £3 million. That is because it involved civil and council servants and became a gravy train.
Which is exactly what will happen with many of today’s coalition schemes (eg. Local Enterprise Partnerships). By the time reality sets in Vince Cable will have long gone.