The United Kingdom Elections 2010

[Furunculus]

And yet the same paper will gripe about immigration two pages later.

and yet the point stands; 200,000 people a year........

Vaccuum of wealth. If they leave, it leaves a protential source of wealth generation untapped to be taken up by some one else...

while that is true in some part, entrepeneurs do not grow on trees, the loss is felt i'm sure.

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interestingly enough, property tycoon ronson on the coming social unrest, and the need to keep entrepeneurs:
http://www.telegraph.co.uk/finance/n...r-Britain.html

Property tycoon Gerald Ronson warns of social unrest in a two-tier Britain
Britain faces “social unrest” over rising unemployment outside London according to Gerald Ronson, the property tycoon.


By Graham Ruddick
Published: 6:30AM BST 14 Apr 2010

Speaking at his annual lunch, the chief executive of Heron International said Britain was becoming a “two-tier country”.

“I spend 12 hours, once a week, driving around the country. I don’t like what I see,” he added. “We are creating a two-tier country where I fear that the consequential effects of significant unemployment will be social unrest.”

Mr Ronson, who is estimated to be worth £180m, is developing the Heron Tower, the highest building in the City of London, and owns petrol stations across the UK.

He said it was vital that the next Government, in its efforts to reduce the UK’s debt, is “careful not to put too much pressure on the people who can make a difference”.

The Government must act like any organisation in a downturn, Mr Ronson insisted, by cutting costs and finding new sources of revenue.

“Entrepreneurs should not be the targets,” he said. “Entrepreneurship needs to be encouraged – not penalised and driven out of the country. Entrepreneurs take personal and financial risk and create employment and enterprise. We have to be careful because it wouldn’t take a lot for us to slip back into recession and that’s before the effect of inflation on the economy.”

Mr Ronson warned that, amid talk of new taxes against banks, the City of London must be maintained as a “vibrant and attractive environment for international business”.

“The next Government must tread carefully when making decisions on regulation and the commercial regime,” he said. “The UK is highly dependent on professional and financial services which have replaced the manufacturing industry we once had.

“The time zone, language, financial infrastructure and legal system all contribute to it being the financial centre of the world.”

Speaking about the property industry itself, Mr Ronson said developers were “on the endangered list” because of a lack of bank finance.

The Heron Tower is one of the few City developments under construction, and Mr Ronson said it was “very difficult for the development industry to function”.

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