Billionaire Labour backer says ‘business unfriendly’ Budget hit growth Business A billionaire backer of the Labour party has said the government’s “business unfriendly” policies have hit economic growth following another bleak release of data. John Caudwell, the founder of Phones 4u, said Labour “really need to change the tune of what they’re doing” to kickstart growth and appeal to businesses. It follows the latest release [...]
Can Liverpool really add £10bn to its economy? Economics The Labour mayor of the Liverpool City Region has unveiled a 10-year plan to create tens of thousands of jobs and add £10bn to the local economy. Steve Rotheram’s “bold and ambitious” plan has been described as a “roadmap” to increasing wages, driving investment, raising living standards and providing better services for the region’s 1.6m [...]
Collapse in SME employment growth serves as ‘wake up’ call to government Entrepreneurship Employment growth within Britain’s small and medium sized enterprises (SMEs) fell drastically last month in the run-up to the Autumn Budget’s tax hike on employers. The rolling six-month average for annual employment growth in full-time jobs dropped to 2.6 per cent at the end October, down from 12.8 per cent in October of last year, [...]