Business Predators, Producers and Prattlers

It is the end of the month and the end of a quarter. Britain’s over-taxed small business owners will be worrying about cash-flow. Is there enough cash to make payroll at the end of the month? Will the bank extend the overdraft? Can they find the money for the quarterly VAT bill? Small businesses are the canaries of the economy, the job creators, fast to grow, fast to shrink.

Ed Miliband knows nothing about this, he has never had those worries, profiteering is not a good word for him, it is bad, despite profits bringing jobs and profits paying taxes to support the unproductive. He sits at the top of the table in a shadow cabinet that has not one member who has started or owned a for-profit business. That inexperience is why he prattles on incoherently about business predators.

UPDATE: Exception that proves the rule and it was a government supplier:

Flogs software to the public sector…




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Quote of the Day

Owen Smith backs one hour contracts but wants to abolish zero hours contracts:

“You need to give people a contract to say, ‘here’s what you will be working’. It could be one, but I’m saying it shouldn’t be zero, we should invert that emphasis.”

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