We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedFinancial Planning

Osborne slams unions, defends growth plans


Strikes ‘totally irresponsible’, says Osborne

Article comments

George Osborne has slammed striking union members as being “totally irresponsible” while defending his own plans for growing the UK economy.

In a speech to his party members in Manchester, the chancellor said that now is the wrong time for unions to be downing tools and described their actions as potentially jeopardising both jobs and economic growth.

He backed measures like the reduction of corporate tax as evidence of the Treasury’s support for companies and said: “Don’t tell me this government isn’t going for growth.”

“I will intervene where the market doesn’t work and set it free where it does,” he said.

Specific policy announcement were few but he suggested he wanted to make it easier for businesses to hire and fire, with employers soon to be granted a two year period before they face the possibility of an unfair dismissal tribunal.

“We have to help businesses create tomorrow’s jobs…we have to get Britain making things again,” the chancellor told the Conservative Party conference.

He ended his speech by saying: “I don’t pretend to you that these are not difficult days and there are not difficult days to come but together we will ride out the storm and move on to the calmer seas beyond.”

Share:

Recommended Articles

Comments

Osborne slams unions, defends growth plans
Financial Planning

Could CFOs do more to boost shareholder value?

Could CFOs do more to boost shareholder value?

Working capital improvements start to pay off, but more could be donemore ..


Balfour rejects Carillion's "improved" £2bn merger bid

Balfour board says the offer does not address its two main concernsmore ..

Persimmon posts 57% rise in pretax profits

The FTSE100 housebuilder credits Help to Buy with encouraging growthmore ..

Inflation rate eases to 1.6% thanks to generous summer sales

Price drops in clothing and food biggest contributor to fall in inflationmore ..

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unansweredmore ..

Budget: What business wants

CFOs are keen for the chancellor to avoid any uncertaintymore ..

Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.



In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..

Advertisement

* *