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It takes more than Lord of the Rings Castle and recycled announcement of electric cars. The administration, which came to power, which promised to become growth, made hiring more expensive, depressed confidence of consumers and pushed the catastrophic output of wealthy people in favor of our competitors. This week, London fell out of the five richest cities in the world. With a growth strategy, largely dependent on private investment and a heavy set of public finance, ministers urgently need to understand what investment decisions really provide.
Starmer came to the government for a surprisingly unprepared, violated, on the contrary, hoping to become a chairman in the role that requires CEO, and I was told at the time, uninterested in the details of the budget. The big question that hangs over the UK growth prospects is whether it can grow at work. Some say it cannot, having come to politics relatively late. Others think he can, ruthlessly turning around his party. There is already a big difference between a person who won the election and today’s Starmer, disappointed with a slow pace of change and finding a firm clutch.
He coped well with international turbulence and seeking stronger defense and aerospace connection with Brussels. In Washington, he was a thorough prosecutor with a well -hone list (provided by the National Security Advisor Jonathan Powell and Ambassador Peter Mandelson). Having appointed two such political heavyweights, Starmer acknowledged that his administration’s experience was needed. Now he urgently needs their equivalents in business and growth.
The problem is not how it was often under Boris Johnson – lack of interaction with companies. This is the disappointment of the executives who report the meetings that no one seems to listen to or even understand their point of view. CBI Chairman Rupert Soms, one of the few business executives, who has publicly expressed that many say in private, urged the government to admit that “the amount of all wisdom is not exclusively in Whitehol.”
Starmer is increasingly advocating for economic ads, knowing that the business has lost faith in its chancellor and its team. His government is conducting a underworld under the underwater pat Macfadden, reducing the earned public service and accepted technology in public services. But to create confidence, you will need many more signals – and fast delivery.
Politics have immediate options. Ministers could implement Sir Ilm’s proposals at marginal gas prices and reduce the crippled high energy costs abroad without sacrificing pure zero. They could take advantage of the new opportunity to attract dissatisfied American scientists and entrepreneurs, improving the highly skilled visa system, reviewing the legacy tax rules and enhance the resettlement of leading researchers. They could accelerate a well-accepted plan II and encourage corporations to buy from startups, which calls for a technical entrepreneur Brant Hoberman.
The stymer carefully does not conform to its assertion that the world has changed. “Our plans do not change as much as the turbarators,” he said. Instead of using the moment to set up a really new relationship with the EU, Downing -Rate is afraid of UK reforms and presents a closer alignment of chemicals as stretching. This is properly engaged in a trade transaction in the US, but it can end with chlorinated chicken.
Meanwhile, the government continues to send conflicting signals. The Department of Labor and Pensions wants companies to help return more than a million people; The Treasury added the cost of national insurance to each of them. The bill on work rights will make more risky employment. Starmer either cannot resist its trade union supporters who campaigned for this legislation or do not want. But the shadow of trade unions hangs over investment solutions.
It is not just about politics, but also about the mood. The continuation of Riviz and Starmer about the “active state” and “partnership with business” believe that it is unlikely to transform into philosophy, that the government should have a slight influence on what businesses do.
However, there is no doubt that since the end of the Battle of Sue Gray against Morgan Makvini for Downing Rate, the center of power has become more professional. Starmer brought Liz Lloid, former Deputy Chief of Staff Tony Blair and an experienced Sir Michael Barbera delivery expert. His businessman Varun Chandra and Minister of Investment Pop Gustafson have a good experience, but Starmer remains reluctant to hinder a short chancellor.
Britain will only bloom if the companies increase the rate in which they invest in growth. They will not do so without being sure that the government will support them. Politicians blame how Trump is fulfilled in some of our troubles. But the trip ahead will show what this Prime Minister is really made.
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2025-04-12 04:00:00