3744 days ago
Sirs. Yesterday the two main political parties were at a conference organised by the Federation of Small Businesses and pitched their plans to rejuvenate the SME sector. Given that the House of Commons contains almost no entrepreneurs but is stacked with career politicians it is no surprise that both of you, David Cameron and Labour business spokesman Chuka Umunna, spouted total bollocks. I write as someone who runs an SME.
4122 days ago
It is amazing what cobblers some folk spout. HMV (LSE:HMV) has gone bust. It follows hard on the heels of Jessops which headed to retail heaven earlier this week. Chuka Umunna, Labour’s Shadow Business Secretary, called HMV a “national institution” and described the news as “deeply worrying” Yeah right. What next Chuka? Blame it all on Margaret Thatcher or global warming? HMV is not a national institution it was a commercial enterprise that like British Leyland or coal mines in Yorkshire that had run out of coal was just past its sell by date. In the old days, cretins like Umunna would probably have called for a state subsidy. Now they just blame it on the Tories and wring their hands in a pathetic fashion. The demise of HMV was inevitable, it could not even be saved by soaraway sales of CDs by the UK’s leading chanteuse Ms Cheryl Cole.
