Gordon Brown and the Chancellor of the Exchequer Let down Small and Medium Sized Employers Time after Time
Friday, December 18th, 2009Many individuals including myself were frustrated with the Pre Budget announcement .
I had wished that Alistair Darling would have provided supprt and treated the burning matters such as the present-day wretched state of the public purse, Public sector Pay increases, Helping small companies, promoting saving and investment and making the banks to be realistic about lending to businesses.
Like most individuals I concur that we need to have a combined approach of tax increases expenditure cuts.
The old argument from New Labour is that urgent would hurt the UK and handicap the recovery. My opinion is that although sweeping immediate cuts could cause a problem with the recovery, the length of time proposed is just too slow.
It seems that the Chancellor is just playing around the edges of any reform and does not want to rock the boat too much prior to an election.
The effect of accelerative public borrowing can be seen when you look at the Eire Economic State of affairs. The once Celtic tiger has had its claws taken out. On-going cuts in earnings are a realism along with swathing proposals to shrink public borrowing.
I nearly gagged on my dinner the other night, whilst watching the six o clock news. Local Government unions were sounding off about a cap on salary increases of 1%.
I would preferably be in that position, as opposed to being employed for local government or public sector in .
Many small company enterprises have actually taken pay cuts in the last year, due to the UK recession and slowdown.
As Financial Advisers we offer a Small Business Advice service to our customers on a weekly basis. I would have opted to see a more elementary approach to sustaining as they are an crucial part of the UK business framework.
