David Cameron champions the cause of entrepreneurs
Due to a mixture of higher taxes and more red tape than ever before the number of entrepreneurs operating in the UK has fallen dramatically over the last few years. However, David Cameron believes that entrepreneurs are the business leaders of the future and in line with policies brought in by Baroness Thatcher in the 1980s he will "free enterprise to compete". So what does this mean?
It would appear that the new coalition government has highlighted a significant problem with international patents, for one, which can and do cause significant delays in the implementation of new businesses. Therefore David Cameron is looking to put in place a fast-track system which could potentially free up billions of pounds a year in lost business investment and business income. When you also consider he has promised to reduce the ever-growing amount of red tape in the UK it looks as though we could be heading towards a "free economy" such as that seen in the 1980s.
However, it is this very free economy which initially led to the UK banking arena investing heavily in areas of high risk and ultimately paying the price. Are we heading towards the good old days or are we heading back towards the bad old days?
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