‘Fat and lazy’ Britain is ill-prepared to secure future outside EU, says Fox | Politics | The Guardian

English: Liam Fox, British Conservative politi...

English: Liam Fox, British Conservative politician. (Photo credit: Wikipedia)

Here’s a good article from Rowena Mason, the Deputy Political Editor at the Guardian. She reports that International trade secretary, Liam Fox says business leaders have no appetite for the deals and exports needed to survive after the vote for Brexit

Source: ‘Fat and lazy’ Britain is ill-prepared to secure future outside EU, says Fox | Politics | The Guardian

For me, this article is on the button. It portrays Britain’s business leaders as ‘fat and lazy’.

Liam Fox is looking for a new breed of British business leader who has cut his teeth trading in world markets.

Personally, I think that Theresa May‘s government needs to give massive fiscal support to initiatives that support increased foreign trade, especially outside the EU. Enormous focus is required on developing language skills and obtaining work experience overseas. Perhaps, there should be generous tax incentives for individuals who return from overseas work placement?

Surely Victorian history provides some role models?


One response

  1. Liam Fox is to quote Dr Alf “On the button”; UK CEOs and managing directors are almost to a man and woman, barring perhaps 10% of them, “fat, dumb and happy”,they are largely culturally unaware and they seem to believe that by occupying a chair in a boardroom and doing very little they are entitled to pay themselves 11% to 15% more each year, earn up to 450 times average salaries once bonuses and other emoluments are factored in.

    They do as Dr Fox has remarked, spend too much time on the golf course and too little time getting into cars and planes and trying to sell things let alone export anything.

    Frankly they are, as my former partner who went to the same school as Mrs Thatcher would say, “Neither use nor ornament” and like the dinosaurs of the prehistoric age they need for the sake of the country to be replaced with better educated, entrepreneurial “streetfighters” who can sell, who have language skills and lead by example.

    The evidence for this is the fact that in 1994 we had just 250 world class companies out of 4.8 million registered at Companies House, Cardiff and today the figure sits at 400 out of 6 million. Germany in contrast had 2000 in 1994 and now has 2,500 plus a Mittelstand.

    Headhunters and Big 4 Management Consultants, who are fixated by commissions and fees for too many of their waking hours, need to take some responsibility for this state of affairs and the Government instead of trying to marginalise Dr Fox needs to be backing him.

    The country needs a German style Mittelstand and the financial incentives to make it work not LEPS, blather from gin soaked civil servants who live in a “Far Pavilions” time warp.

    We are going to live and die based on selling things that people want and are willing to pay for and by earning our way to prosperity.
    Only then should financial engineering and the sort of fiscal gymnastics that latter day Dr Alf’s can undertake in their sleep be applied.

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