Friday, 26 March 2010

Are entrepreneurs happy with Darling’s 2010 proposals?



As a keen follower of all things made in Worcestershire & Herefordshire I am amazed at the “sin tax” on cider we have a cider orchard and used to have 30 acres just for Bulmers Cider why destroy a UK farming business.............. why not Guiness, Continental Lager and French Wines?

Otherwise a business based budget that should stimulate small business... or is it?
If we can sift through Darling's red briefcase, past the sandwiches, fag packet calculations, eye-brow pencil and see if he's on the money.

Let's see what the others say.


I think it’s brilliant
"I think it’s brilliant that Darling is setting up a credit adjudication service and forcing certain banks to give more loans to small business,” Andy Pearce Powwownow

Labour has just won the election
"Labour has just won the election" based on today's Budget. "The Budget was a masterclass in positivity, and I really approve of the measures which Alistair Darling has outlined to help small businesses (around half a million businesses in the UK) grow. I would have added a scrappage of NI contributions for the first three years for new businesses, funded by some of the taxes that have been claimed from the bailed-out banks." Brad Burton 4Networking


A complete waste of time
“nothing short of a complete waste of time, political grandstanding and gesture politics at its worst”.

“Who does Labour think it's kidding?" he asks. “We all know that whoever wins the next election will have to go through this process again. The Tories are committed to a Budget within 50 days of the election if they win and I have no doubt in my mind that, should Labour win, it will have to come clean and hold an emergency post-election Budget.

“The reality is that our Triple A credit status is under threat and nothing short of keeping the international financial markets calm will do. All this Budget has done is tinker here and there, with some clever stealth taxes thrown in for good measure.”

Quentin Pain, CEO and founder of accounting software company Accountz


Darling has failed to balance the books,
"Call that a Budget? Looked more like a gem heist to me! This Budget has not moved our economy forward one bit," he spits. "Taxes have already been increase with the 50p in the pound rate due next month, public spending is still out of control, and no attempt is being made to rain it in. There was nothing in the Budget that improved the condition of my business, my workers' incomes or my own prospects. You cannot pay for high spending with low tax – and the chancellor just does not want to lower spending! Quite honestly, Darling has failed to balance the books, he's not even close. As far as I can see, the only improvement in the figures comes from bad forecasting – the Met Office is more accurate than the Treasury."

Charlie Mullins ,Pimlico Plumbers

The feedback is very mixed and I wonder how do you feel about the budget?

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