My piece yesterday bemoaned the arbitrary end of furlough and the complete lack of any clear-sighted direction for the economy. Indeed I now understand that the government’s ill thought out ‘kickstart’ scheme is in fact available only to those able to offer a minimum of 30 placements.
No wonder Tesco is in favour and this of course shows the result of a completely evidence free policy because we already know that most jobs are created by small business – very, very few of whom would be able to offer 30 placements.
It was slightly reassuring to find that France has a very different view – indicating a desire not only to invest and diversify their economy but also orientated towards greening it. I very much doubt that the €100 billion investment is sufficient but it is at least a start. Nevertheless it is still substantial – particularly for a country that no longer has a currency that it can realiably call its own. We can compare and contrast our own government’s plan for the much heralded but entirely inadequate, puny, £2billion kickstart scheme.
We have – or had – an economy of the same size as France but our government’s future investment is about 2½% of our neighbour’s.
This is f*** business writ large. (Or rather, in effect, small).
Unless there is a change of view in both investment and towards a no deal Brexit, I really fear that the British economy could well implode into failed state territory.
We are certainly on the way.