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Gerald Ronson warns of problems with UK economy

Property tycoon Gerald Ronson has today criticised the UK government for what he believes is the creation of a two-tier Britain with rising unemployment outside of London having the potential to cause social unrest. It has long been known that the London economy can be very different to the wider UK economy and recent events have highlighted this fact. So why is Gerald Ronson concerned about the future?

Like so many property developers in the UK Gerald Ronson has seen significant problems with finance in the short to medium term with many banks unable or unwilling to finance the vital UK property sector. He also believes that the UK government is in danger of alienating future entrepreneurs in the UK by introducing higher taxes targeted at those who "lead the UK economy" and create significant job opportunities.

Gerald Ronson is not the first, and he will not be the last, entrepreneur to criticise the UK government and the state of the UK economy as there are real concerns about the future. Many of the small businesses of today will be the large operations of tomorrow, bringing with them significant job opportunities, but higher taxes introduced by the UK government, and targeted at business leaders, are forcing many to look overseas for investment opportunities.

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