SMEs say Miliband Just Doesn’t ‘Get It’ on the Economy!
By Michael Tinmouth B
ritain’s leading entrepreneurs have launched a stinging rebuff to Labour Party leader Ed Miliband on the day he used his Labour conference speech to
attack what he called the “predatory” firms and a “fast-buck” culture in business.
At the Entrepreneur Country, bi-annual Forum over 350 entrepreneurs from 270 of Britain’s growth business resoundingly dismissed Mr Miliband’s policies on the economy. Just 13% of the audience at the Accelerate Forum believed that Mr Miliband was the political leader who most understood what was needed to jumpstart the economy.
With Prime Minister David Cameron leading the opinion poll with 42%, it marked a vote of confidence in the coalition government’s commitment to cut national debt and support entrepreneurs
and
small businesses as the engine of growth in the UK economy. Coalition ministers Business Secretary Vince Cable with 24% and George Osborne with 21% completed the survey.
The capacity audience at the Accelerate Forum in London heard discussion and debate from a dozen of the UK’s most respected entrepreneurs and business
leaders.
With 5 million small and medium size businesses
contributing nearly 14 million jobs, entrepreneurs have never had a more focused and collective voice and were clearly riled by Mr Miliband’s comments.
Quotes from the Labour leaders conference speech circulated through social media as Mr Miliband attacked the “asset-stripping” companies who he accused of undermining attempts to speed up the economic recovery. He vowed to fight for “a new bargain in our economy so reward is linked with effort”. At a time when the private sector and entrepreneurs in particular are seeking to build and grow businesses in order to create employment and wealth, entrepreneurs have sent a clear message that the Labour Party leadership have never been so wide of the mark on issues of the economy and enterprise.
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