Tricky one. The Conservatives are the traditional party of business, true, but it's still difficult to predict how they will behave. We can look back to the last Tory government, which allowed coal, steel, shipbuilding, and many other industries to decline (terminally in several cases) without doing anything to support the local entrepreneurship that was needed to rebuild the affected communities. Indeed, the legacy of those times can be seen in the underclass created and the increasing social problems we now face. So not much comfort for business there, then.
But the Tories of today are not the Tories of the 1980s. I believe David Cameron to be an honourable man with a much better feeling for real people than most politicians despite those puerile, outdated taunts about his 'toff' upbringing. So what will happen? Clearly Tories have small government at the root of their belief system, there is a need to cut public spending, and there have been several statements from the Tory front benches on cutting back quangos. So, Regional Development Agencies beware! Not so fast, because all oppositions make noise about cutting quangos, and turn out to be very poor at doing it when in government.
There will be cuts, though, and in my opinion there should be. But we still need to make funds available to good people with good business ideas so that their businesses can grow. There needs to be support for those businesses from the rest of us - local and central government should show the way and use more products and services from innovative UK companies. Looking for good examples of business support, the more I read about the Princes' Trust, the more I like what they do. The Tories will look to partner with charities like this.
What about new markets? I think there will be a certain amount of de-centralisation that will open up some markets, probably in healthcare IT, and possibly in broadcasting. Cameron seems to have a better understanding of the web than others, and so harnessing social media to re-engage the public with politics and decision making could be on the agenda. Changes to the supply chain will be brought about through carbon trading, renewable energy programs, better waste management, sustainable food production, and public transport reform - albeit by looking to the private sector to drive it. These will also provide opportunities for the digital sector.
Am I expecting help for my business from a new Conservative government? Crikey, no. You see, as a true (reluctant) child of Thatcher I have come to believe that no politician can truly help any of us and that our best hopes lie in self-reliance.
No comments:
Post a Comment