Is this the end of the free market in the UK?
When the UK government talks about passing special acts of parliament to ensure an individual from a private company is not able to collect his pension, when the FSA suggests that fixed salary components should represent a larger percentage of a remuneration packages and time is spent attacking a small number of individuals who the government insists are to "blame" for the economic crisis, is this the end of the free market?
There are fears that the UK government is slowly but surely dismantling all which made the UK economy attractive to both domestic and overseas investors over the last few decades. Slowly but surely we are seeing more and more companies nationalised, the threat of further nationalisation in areas such as transport and a determination to control as much of private companies as possible. At a time when the UK economy is literally on its knees it makes no sense to take away what has made the UK a hive of international activity and international interest over the years.
It is as if the UK government is not aware of the opinion which has been created overseas as the UK is effectively "blackballed" by international companies. The tax regime has changed, the employment regime has changed and slowly but surely the unions are taking control again. Is this the best climate for a recovery in the UK economy?
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