Lefties dislike him but Elon Musk is right about UK now deterring investment – and it’s all Labour’s fault
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THE Left dislike him, but Elon Musk is right about Britain now deterring investment. “Very few companies will be willing to invest in the UK with the current administration,” says the Tesla and X tycoon. To which Labour retorted they were taking “an unashamedly pro-growth and pro-business approach”.
Who’s right?. The serial investment success story who has become the world’s richest man?. Or our novice Government which, after relentlessly doom-mongering about Britain for political purposes, unleashed a raft of business-wrecking, job-killing taxes in its first Budget?.
Labour talks about being pro-growth. What they DO matters more. From higher taxes to new union power, every move appears designed to crush it. And the early results are in: Zero growth since July. From the top of the G7 table to joint bottom. Unemployment up.
A self-inflicted recession possible. We pray all this improves in 2025. For now, Musk isn’t wrong. IT is hard not to conclude that Education Secretary Bridget Phillipson cares more for rigid Labour ideology than kids’ schooling. Why else does she pretend the Tories failed on education? They did not.
English schools rocketed up international league tables for reading and maths, unlike those run by the Left in Wales and Scotland. That success was down to a rigorous new curriculum and competition between schools. Labour loathes the latter and wants to water down the former to put “diversities” front and centre.