What happened to the budget for the workers?
Our conclusion now is to wonder if 'Rachel from Accounts' and the rest of the cabinet really have any idea whatsoever about business? We are not alone in fearing that is the case.
We know there will be businessmen across the country still poring over the fine detail of the statement and frantically working with the financial advisors/accountants on how to mitigate the inevitable impact on the profitability.
Might we offer a word of caution? Too often we have worked with business owners that have focussed on the day to day and ignored the tough bigger issues. Whilst we earn advisory fees for assisting with such problems we would rather entrepreneurs did not get into difficulties through neglecting the macro issues whilst focussed on the immediate problems. This is not a criticism as we know that more often than not the bigger issues are neglected simply because too much time is spent on chasing cash and fighting smaller fires in the business.
If this is ringing bells please get in touch to see how we might assist.
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Comments 1
When looked at in the round, many of the measures in Rachel from accounts Budget, were for ideological reasons and nothing to do with raising revenue. The attack on the family is particularly noticeable, including the attack on family farms, family businesses, families who choose to pay school fees and of course, pensioners.
Family farms may be asset rich, but they are income poor. If Reeves had wanted to deal with land speculators, other measures could have been used.