Ruth Porter appears on BBC Radio 2's Jeremy Vine show
A great detail of the deficit reduction plan has relied on putting up taxes which has damaged growth. As today’s IoD report pointed out, 44% of busineess have put off decisions about investment and employment due to uncertainty.
Economic growth must come from business and life must become easier for them. The government must not block the private sector through planning regulations, for example. If we want to live in a prosperous society, we need a society where we have businesses to create jobs.
Listen here. Segment starts at 6.06.