Chancellor's 'Britain needs you' plea to the retired is a tall order for them and business

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Sky's Paul Kelso writes that employers are likely to have been left disappointed by Mr Hunt's approach to their priorities and with little doubt that their pleas for more overseas labour will go unanswered.

Jeremy Hunt became chancellor because he was the most sensible candidate left standing in the wake of Liz Truss's catastrophic mini-budget.

Instead we got a speech that, in tone if not style, could have been delivered by Boris Johnson, recasting the economic challenge as a debate between optimists and pessimists. "Of course there is some short-term disruption, but I think it's completely wrong to just focus on that without looking at the opportunities."Anyone denying the UK was well placed to thrive was peddling"declinism", a characterisation with echoes of Johnson's"gloomsters" that channelled the crudest divisions of the referendum debate.

New investment worth up to £100bn would be unlocked when reforms to EU-era regulation governing the reserves held by insurance companies are finally passed"in the coming months", he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'New investment worth up to £100bn would be unlocked when reforms to EU-era regulation governing the reserves held by insurance companies ...' Assume those EU regs on insurance Co reserves are prudent. So is this more raiding of the family silver?

So the Tories are intending to take away our workers rights. They're in the process of stopping us striking so we're not allowed to complain. They're putting the retirement age so we die before we get it. They can bugger off.

Most people who have retired are are to old to work and a hindrance to employers

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines