"“Without profit, businesses cannot invest, hire more people or take the risks that grow the economy,” he said. He argued profit is being unfairly demonised despite businesses being responsible for creating jobs, investment and tax revenues. He linked business profitability directly to the ability to expand operations, employ more workers, and fund the risk-taking needed for economic growth and higher tax receipts."
"“He could not name one,” Roberts said. He claimed Labour lacked policies capable of genuinely generating wealth, recalling a conversation with a senior Labour MP whom he challenged to name a government policy that had directly created prosperity. The claim presented the absence of identifiable wealth-creating policy as evidence that Labour’s economic approach is not producing tangible economic outcomes."
"“back business, or watch Britain fall further behind”. The businessman warned ministers they must adopt a far more pro-enterprise agenda and accused the government of failing to support wealth creation, investment and business growth. He said Labour had created an anti-business climate that could damage economic confidence at a time of mounting pressure on growth and investment."
"Roberts proposed a series of measures aimed at boosting growth and investment, including reversing recent increases in employer National Insurance contributions to encourage hiring. He also criticised rising bureaucracy, housing shortages, NHS waiting lists and increasing welfare dependency, arguing that they reflect a country moving in the wrong economic direction. The proposals tied administrative and cost pressures to weaker hiring and slower investment, aiming to improve conditions for businesses to expand."
A billionaire entrepreneur urged Keir Starmer to step down, claiming Britain is “broken” and Labour has created an anti-business climate. He said the government has failed to support wealth creation, investment, and business growth, damaging economic confidence amid weak growth pressures. He argued profit is being unfairly demonised, saying businesses need profit to invest, hire, and take risks that expand the economy. He claimed Labour lacks policies that generate prosperity, citing an inability to name a policy that created wealth. He criticized bureaucracy, housing shortages, NHS waiting lists, and rising welfare dependency as signs of the wrong economic direction. He proposed reversing recent employer National Insurance increases to encourage hiring and called for simplification of rules.
Read at London Business News | Londonlovesbusiness.com
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