Tag Archives: UK political parties

The Party season is over………

The last few weeks have seen each of the main political parties hold their annual conferences across the UK with, it appears, the small advantage in the YouGov poll changing from a Conservative lead at the start to Labour by the end. Apart from the odd poor comments and badly delivered jokes by various of the speakers, there were no stunning outputs of note.

Meanwhile, back in the real world of business, the signs are that the UK economy may be picking up in some areas and that businesses that have made the painful adjustments to surviving in adverse times may start to reap benefits as growth and demand improves. There are however the same problems cited by small businesses in the difficulty to obtain funding, even though the “funding for lending scheme” has provided some respite, with many finding the lenders change the approval criteria periodically and the “credit teams” within their organisations appearing to be the arbiters of signing off on lending. It is also clear that the arm’s length approach, where the decision makers not having any “client relationship” fundamentally do not understand the businesses requesting support.

The appetite to start new businesses and grow them is there but there must be more positive support from those that control the supply of funds.

Volcanic Ash Cloud……..is it just smoke and mirrors?

The best news in the last week for the political parties in the run up to the UK election has been the Icelandic ash cloud that has engulfed most of Northern Europe over the last few days. Apart from causing travel chaos to thousands of people and costing the travel and ancillary industries millions in lost revenues, there have been enormous “green savings” due to reduced carbon emissions.

The Liberal Democrats have benefited the most as the opinion polls seem to show they possibly have potentially a bigger influence in the next Government than expected by the Conservatives or Labour, following the first live UK election television debate. However, the big issues still remain and also the uncertainty of how anyone in power will tackle them, especially as many of these will not be resolved during the next five years.

Whatever the outcome of the election, hung parliament or a majority winner, addressing UK debt, public sector spending cuts, tax increases, health, education, decline of sterling, interest rates and inflation indicates a slow recovery plan over a number of years to bring prosperity back to businesses and consumers.