Sunday, 27 November 2011

Economic split in coalition

The Guardian is carrying a story today that Vince Cable, the Lib Dem Business Secretary is teaming up with former Tory Minister and now Lord Heseltine to block a Downing Street Plan to relax employment laws to make it easier for micro companies employing fewer than ten staff to fire staff. Heseltine told the Politics Show on BBC1 on Sunday: “When you start talking about enabling people to sack people, well, I have two observations. The first is this, the sort of companies that I understand don’t sit there saying, ‘by golly, we’ve got to be able to get rid of people, so therefore we mustn’t invest because the risks are too high.’ If you’re really an enterprising business, you invest because you think it’s going to be a success. You may have to readjust but you can do that, as quite obviously is happening right through industry as significant numbers of people are being laid off.” This is a great story for those tricky economy questions where synoptic points about the divisions within parties will really earn you marks.

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