Extract from Lords debate on Businesses and SMEs - July 6
Friday, 7 July 2017 07:56
Lord Suri (Con):...I encourage all businesses to get involved in
sponsoring academy schools, as Cadbury and JCB do stellar
work in helping to skill up youngsters. But there is real and
serious anger at the business community across the country, and it
is not difficult to see why. The social contract that underpins the
free markets we on this side support is coming loose. We promised
that all would see improvements in their lives because business
could be trusted to be responsible...Request free trial
(Con):...I encourage
all businesses to get involved in sponsoring academy schools,
as Cadbury and JCB do stellar work in helping
to skill up youngsters. But there is real and serious anger at the
business community across the country, and it is not difficult to
see why. The social contract that underpins the free markets we on
this side support is coming loose. We promised that all would see
improvements in their lives because business could be trusted to be
responsible with its cash, invest back in the workforce, and seek
to be sustainable in how it acted. Since then, we have seen lower
investment than the European average, lower productivity growth,
and the general feeling that businesses are not integrated into the
communities they operate within. The way to shake this off is to
reach out and show all sections of society that business is making
an active effort to change...
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