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The News Agents
Why is everyone scared of the budget?
Oct 29, 2024
In this discussion, Luke Tryl from More in Common shares insights into the public's anxiety regarding the upcoming budget, likening it to a suspenseful horror story. Brendan May, an environmental entrepreneur, highlights concerns over how budget proposals could stifle business growth and sustainability efforts. Both guests emphasize the need for trust in government policies to support entrepreneurs and the workforce, underscoring the deep-rooted public dissatisfaction that could impact economic growth.
35:19
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Quick takeaways
- Entrepreneurs express concern that the government's tax hikes and lack of understanding of SMEs threaten economic growth and innovation.
- Public sentiment reflects deep distrust in economic strategies, with many voters fearing the budget will negatively impact their lives and opportunities.
Deep dives
Concerns About Government's Understanding of Business
The podcast addresses rising concerns among the business community regarding the government's understanding of entrepreneurship and economic growth. Entrepreneurs feel that the government perceives them inadequately and fails to recognize the vital role small and medium-sized enterprises (SMEs) play in driving economic progress. With over 99% of Britain's workforce employed in SMEs, their voices emphasize the need for policies that incentivize rather than hinder business development. This lack of alignment between the government's rhetoric about growth and the realities faced by entrepreneurs has sparked worries that businesses may consider relocating elsewhere to thrive.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode