Business leaders say government must act on economy


UK business leaders are calling for radical action from George Osborne to kick-start the country’s economy.



Graham Beale from Nationwide says that someone needs to “stand up for savers” by increasing the cash ISA limit and providing consumers with a fairer way to maximise savings, This Is Money reports.


Sir Terry Leahy, the former Tesco chief, says that Britain must become a low tax economy saying that we’re not going “as far or as fast as we need”.


And John Walker from the Federation of Small Businesses had this to say: “Inflation is now at its highest level since May 2012. We would urge the chancellor to cancel the 3p fuel duty rise in the Budget to give confidence to businesses and households.”


All in all, it’s clear to see that the government is failing in its promise to bring the country out of the longest downturn for more than a century – it must do more, is the resounding cry.


Posted by the Secret Businessman