Parliament ‘lacks business experience’

Parliament 'lacks business experience'

Members of the government and back-bench MPs lack relevant business experience, shadow trade and industry secretary David Heathcoat-Amory told the London Society of Chartered Accountants annual lunch today.

‘We do lack in-depth business experience at the top,’ Heathcoat-Amory told the audience at Chartered Accountants Hall.

‘And it’s true of the backbench in parliament,’ he added.

Urging the government to do more to tackle red tape, he said the British Chamber of Commerce has estimated that this parliament would generate an additional cost to business of £10bn.

‘The key issue is deregulation,’ he said.

And pointing to the fact that DTI staff numbers had swelled by 25% since the last election, Heathcoat-Amory told MPs that a Conservative government would freeze civil servant numbers.

Tax merger to simplifyTories deny IR35 policy switch

Heathcoat-Amory considers tax merger

Tories avoid giving IR35 answers

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article