Nadhim Zahawi: Labour's sadistic swipes at millionaires prove how clueless they are

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Nadhim Zahawi: Labour's sadistic swipes at millionaires prove how clueless they are
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Things will continue to get just a little bit worse, every year, in every way

Despite the theatrical jousting across the House of Commons chamber, opposition politicians really do wish the Government to succeed in improving the country every bit as much as our countrymen. It is with a heavy heart, then that I have so many criticisms

And as someone who worked in business before politics, and is returning to it now, I know that what makes people tick is at the heart of private enterprise. Capitalism is human, creative and moral. It allows us the mechanism to provide something our peers want or need and allows us to be rewarded for providing it. This simple insight is lacking across the whole Labour front bench, due I dare say to their lack of exposure to the private sector – and it showed in this Budget.

Whether it’s ratcheting up taxes in all sorts of areas and making it harder to pass things on to your children, the UK is becoming an ever-less appealing place to work, invest and build. This will not be compensated by the increase in public sector investment, which is inefficient and lags far behind the world of business. Public sector efficiency has barely improved in 20 years.over this Parliament than any other country on earth, and that was before this Budget.

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