Saturday, November 02, 2024

Michael Lambert: Going for Growth but No Mention of Small Business

Nov 2, 2024 | After almost four months, the results of the Conservative Party leadership elections are about to be announced. Either Robert Jenrick or Kemi Badenoch will be the new leader. Jenrick has spent much of the campaign warning that foreign terrorists and murderers are walking our streets; Badenoch has been largely unseen.

Rachel Reeves presented her first budget which included raising £40 billion, much of it by increasing employers' National Insurance contributions. There was notably no mention of help for small businesses in the budget despite much talk of 'Going for Growth' which seems to depend upon foreign firms investing in the UK.