“I think it is almost lemming like …”

lemming-cartoon

What could be done to minimise the potential impact of Brexit on your business?

Here is a selection of comments from the local business people who completed the Liberal Democrats’ West Berkshire Business Brexit Survey. Businesses are not named, as many prefer to to keep their worries anonymous:

(Thanks to Arranology for use of the cartoon, above.)

What could be done to minimise the potential impact of Brexit on your business?

  • Stay in the EU.  Brexit will destroy our business.
  • Don’t do it! Seriously I think a raft of guarantees have to be forthcoming IMMEDIATELY from the government.
  • Not leave the EU.
  • Clarity is needed on the long term support for farming and conservation in the UK. Investment in farm infrastructure is costly and needs the ability to plan for the long term. Uncertainty and the lack of planning is a real risk to our charity and to many local farm businesses.
  • Remaining in the EU, keeping single market and freedom of movement.
  • Stay in single market and allow free movement of people across Europe.
  • Stay in the EU! Full membership of Single Market and Customs Union essential if this is not possible.
  • Remain within the free market and avoid putting limits on EU workers.
  • Gov’t to stop imposing austerity measures and new initiatives that mask the impact of change – personally I think it is almost lemming like and we look set to leaping off the White Cliffs of Dover before the dangers are realised – which will be an extreme disappointment!
  • Get on and pull us out as soon as possible.
  • Leave eu as soon as possible.
  • Less project fear from remoaners.
  • Nothing, lets just look forward to a brighter and independent future trading with the world.
  • Negotiate in good faith and show goodwill.
  • Sourcing UK products. We can do little else. We are reliant on consumers having enough weekly spend to continue to purchase our products and use our services.
  • No Visas, no clamping down on immigration, a lot of people I employ and work with are from the EU and it would be difficult to replace them. People looking down on Britain for the decision and our standing in the world.
  • Beyond the effect of the falling pound.  We have products to EU trading standards – our producers will not want to get involved in UK standards as well and we have not got the resource for expensive lab testing.
  • Staying in customs union is critical to us. Also, v important to keep access to EU science & engineering funding/research programmes such as Horizon 2020.
  • Change as little as possible from status quo – stability is key. EU Workers a key source of Workers, there is already a shortage of labour with the right skills from this country and even the EU.
  • Tax reduction.
  • Not go ahead with it! Brexit is a business nightmare and to push ahead when only a quarter of the population choose it, (and a mainly elderly quarter at that, whose working lives are over) is utter folly. Not quite sure where they think their pensions are going to be coming from, or how we will fund the NHS to keep looking after them when the get ill and face end of life. Business is this country’s lifeblood and Brexit threatens to chop it off at the roots.
  • Stay in the single market.

“It is the effect on access to European labour that worries us and the risk of inflation.”

im-so-angry-i-made-a-sign-_-fuck-brexit-roskilde-festiva-_-flickrIf the UK does not have membership of or full access to the single market, what impact would this have on your business?

Here is a selection of comments from the local business people who completed the Liberal Democrats’ West Berkshire Business Brexit Survey. Businesses are not named, as many prefer to to keep their worries anonymous:

If the UK does not have membership of or full access to the single market, what impact would this have on your business?

  • It would significantly handicap our ability to deliver services and products to Europe. Considering Europe is where the majority of our business takes place, it is highly likely that we will leave the U.K.
  • It is the effect on access to European labour that worries us and the risk of inflation.
  • Risk of high value, time-sensitive goods being held up in customs, especially as much of our supply chain is non-EU. Late delivery to our key customer would result in contract termination, so we will have to assume customs delays & build early, increasing our inventory costs.
  • Higher prices.

  • Cost of raw materials would rise hence cost of product would rise.
  • Problems with customs delaying shipment. Tariffs also a concern. Medical devices regulated by the Medical Devices Directive from EU, with MHRA responsible for policing in the U.K. What happens after Brexit to these regulations?
  • I would lose business as my clients cut back on consultancy services.
  • Small businesses will have less money to spend. Large companies will remove their HQs from London. Our clients will not be interested in marketing to the British, they will look elsewhere.
  • Without EU membership our business is decimated

  • Very little.

  • Very little as we can operate under WTO rules.

  • Anticipate an increase in paperwork, more difficult shipping of products, and possible travel problems for visiting customers.

  • I would lose business as my clients cut back on consultancy services.

  • Deferred and lack of business confidence will effect commercial property market businesses relocating to Europe will suppress demand.

Local traders say Brexit is bad for business – Survey Results

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  • “After the referendum result we spent six months absorbing cost increases.
    Since January we have had no choice but to pass these increases on to our customers”.
    Jon Gage, Rivar Sand and Gravel (see photo above).

Two thirds of local traders and service providers who took part in West Berks Business Brexit Survey survey think their business is going to be hurt when we leave the EU and the single market.

The consultation was part of a national exercise for small businesses. Newbury and West Berks Liberal Democrats wanted to make sure that the views of our local traders and employers were properly represented in the national results. The consultation ran online from 19th October to 14th December 2016.

  • “If tariffs are introduced for British businesses trading with the EU,
    the effect on my business will be catastrophic!”

The news is that two thirds of local traders and service providers who took part in the survey think their business is going to be hurt when we leave the EU and the single market. Many report that their costs have gone up already and that they have no choice to but to pass these onto their customers through increased prices.

  • EU funding supports nearly 45% of the post 16 funding.
    There is
    nothing in the plans to show how this loss will be addressed.”  

The Liberal Democrats continue to believe that Britain is better off in Europe, but our immediate priority is to make sure small local businesses do not pay the price of a rushed withdrawal.

The results of the survey are being used to draw up a list of negotiating requirements, which the Liberal Democrats will call on the Government to achieve.

More comments from the survey responses will follow
in separate posts, published in the next few days.

RESULTS

Q: Do you expect Brexit to have a positive or negative impact on your business?

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q1-graph
66% of people who responded expect Brexit to have negative impact on their business

Q: Do you export to the EU?

q3-numbers

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27.08% say they export to the EU

Q: Do you import products or materials from the EU?

q4-numbers

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47.92% import products or materials from the EU

Q: Do you have suppliers or business partners who do business with EU countries?

q5-numbers

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81.25% of respondents have suppliers or business partners who do business with EU countries

More comments from the survey responses will follow
in separate posts, published in the next few days.

Newbury Football Fun Day and update

It was lovely to meet everyone and see the action at Newbury Football Club today. The annual Fun Day and Penalty Shoot out at the ground in Faraday Road drew a huge crowd. Lovely sunshine, good turnout and an impressive amount of activity on the pitch – what’s not to like?

At the moment though the club is in limbo. West Berkshire Council (Conservative)’s plans for the development of the London Road Industrial Estate are still uncertain and little practical is expected to happen for 3 – 5 years. This week the Council offered Newbury Football Club a one-year extension on their lease. While that’s to be welcomed, NFC Chair Lee McDougall has proposed a longer extension with a break clause in it, to come into effect only when action actually takes place on development at the London Road Industrial Estate. The club would agree to move when that day comes. This is a very professional approach to the issues at hand, but no answer is yet forthcoming from our lovely Council.

When my own son was growing up, we were fortunate enough to live in the catchment of Brentford FC. Brentford runs a fantastic Football in the Community scheme and their Council in Hounslow and neighbouring Richmond and Twickenham, then LD, used to bend over backwards to help them do their work. They recognised the importance that lively community football could bring to the health and spirit of our children.

In Newbury, we are really lucky to have an efficient, active team at NFC. If only our Council could see the importance of this. By the time I left the Fun Day, Richard Benyon had dropped in [a little surprising given his formal position that this is a “local matter” in which it would be inappropriate for him to get involved (!)], but no one from the Council had visited to see the club in action.

On the club’s website Lee McDougall says: “We passionately believe football, like all sport, inspires young people and provides a focus  for personal and physical development from early years into adulthood. We’ve seen first-hand how sport can turn lives around. Newbury does not have enough community football facilities, the only all-weather outdoor, floodlit , artificial turf training venues are in a few large secondary schools and in high demand from commercial organisations. Also, the town is lacking quality grass pitches to meet the sporting demands of local children. If you value local youth sport, please help us by watching the video, signing the petition and sharing them with your friends and family …” Read more here.

Once again, children are bearing the brunt of this Council’s lack of engagement and indecision. I understand there is the potential for outside funding to pay for 3G Astroturf to create a pitch that could allow a couple of hundred additional boys and girls to play each week, on top of the 360 that train with the club already, but with no certainty of tenure and no alternative location being suggested, the club can’t pursue such possibilities. And NFC do pay rent for this pitch, by the way, and they pay themselves for the upkeep of the ground.

Back to the positive in of all this, though. Seeing so many Newbury youngsters fit, healthy and engaged with their sport, today, made for an uplifting morning. Keep up the good work Newbury Football Club and Newbury Community Football Group. Our kids need you!

May-June 2013 128_1024
Couldn’t resist adding this photo with my own kids at Wembley to watch Brentford in the play-offs in 2013. A lovely day, tho Brentford lost (again!).

 

 

 

 

 

 

Lib Dems will cut youth unemployment

judith bunting  thatcham 099

Above: With Courtney from Thatcham, an apprentice at the Thatcham Automotive Academy, which trains youngsters from across the UK for the motor repair and insurance industries.

The Liberal Democrats aim to see an extra 100,000 young adults into work through on the job training such as an apprenticeship or full-time education. This week, Nick Clegg outlined a plan which focuses on cutting youth unemployment cut to its lowest levels since records began.

This announcement is critical for Newbury and West Berkshire. Our high achievers here do well, and we are rightly proud of what they achieve. The increasing number of NEETS in our area is worrying, however (Youngsters Not in Education, Employment or Training).

If I am elected to Westminster, I am determined to see the number of unemployed youngsters in our area drop.

Liberal Democrats believe in spreading opportunity to everyone, no matter what your background. The opportunity to work and have a fulfilling and rewarding career is crucial to this.

In a future government, Nick will launch a Youth Unemployment Action Plan. He will also set up a new Youth Unemployment Task-force within the first 100 days of government to fast-track getting young adults back into work.

In Government we created two million new jobs and two million more apprenticeships. We have reduced youth unemployment, but it’s still too high and there is much more to do.

I remember hearing Vince Cable talking about the importance of apprenticeships long before we were in government. Now we want to double the number of businesses taking on apprentices, open up work experience opportunities, transform careers advice and, across the UK, invest millions into mental health services.

Youth unemployment was rising long before the financial crash. It increased by a third under Labour. The Conservatives risk making things much harder for young people by stripping them of jobseeker’s allowance and housing benefit. 

Only the Liberal Democrats have a comprehensive plan to tackle the scourge of youth unemployment.

Hustings update

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LOCAL NEWS:

Last week saw parliamentary candidates in our constituency taking part in the Hungerford Question Time, always an important staging post in election campaigning.

The usual suspects were on the panel, with Paul from the Green Party replacing UKIP Katherine who was indisposed. Proceedings were well chaired by Greg Furr.

Questions ranged from rail electrification (supported by all parties) , to business rates (Lib Dems launched wide ranging review last week), to plans for the NHS (lots of vague promises, Lib Dems only party with a costed plan to provide £8bn a year extra funding for NHS by 2020).

There will be further opportunities to quiz your representatives on:

  • Sun 19th April – 19:00             Streatley Hustings
    The Morrell Room, Church Lane, RG8 9HT
  • Weds 22nd April – 17:45         Newbury Political Debate, hosted by Buzz Magazine
    St Bart’s School, Andover Rd, RG14 6JP
  • Thurs 23rd April – 07:45         Economy, Taxation & Business hosted by Grant Thornton
    I will be debating with Ed Vaizey, Minister for Culture, Communications and the Creative Industries, at a Thames Valley hustings  in Reading
    Madejski Stadium, Junction 11, M4, Reading RG2 0FL

If you are able to come along to any of these debates, I look forward to meeting you. Do come and say hello at the end of the event.

Tax Dodging – actions taken in government

JB with VC 241112

I’ve had a lot of correspondence about Tax Dodging and thought it might be helpful to share my response more widely.

Letter to constituents:

The vast majority of people and businesses in the UK pay their taxes on time and in full, but there are always some who try to get away without paying their fair share. This is morally wrong and damages our economy and public finances. I have voiced my feelings on these matters on my website, here: https://judithbunting.co.uk/2015/02/13/taxation-is-payment-for-services-rendered and here: https://judithbunting.co.uk/2014/12/03/its-paying-tax-that-is-the-moral-duty/.
In government, the Liberal Democrat Chief Secretary to the Treasury, Danny Alexander, and Vince Cable in BIS have been tackling tax avoidance as a top priority. They have made progress on many of the issues you raise. Since coming into Government in 2010 he has led a crackdown on tax avoidance and evasion that is closing loopholes and making more people pay up. I remember hearing Vince Cable talking about his determination to close loop holes in 2010 and am really pleased that he’s been able to follow through on many levels. The changes made include: 
  • the introduction of a General Anti-Abuse Rule (GAAR), which goes much further than the current anti-abuse rule and is well on the way to being the kind of Tax Dodging Bill you are after;
  • strengthening the Disclosure of Tax Avoidance Schemes (DOTAS) regime; 
  • introducing a tougher monitoring regime and penalties for high-risk promoters of tax avoidance schemes; 
  • investing almost £1bn in HMRC to tackle tax avoidance and giving them the power to collect disputed tax bills up front (thus removing the incentive for tax avoiders to delay and frustrate HMRC’s efforts to settle disputes) 
  • recruiting 2,500 extra members of staff to work on tackling tax avoidance 
  • opening a new Large Business Directorate last year to deal specifically with the tax affairs of the 2,100 largest firms in the UK. 
  • There is clearly much more to do at home and abroad, but I am proud of the work that Liberal Democrats have done in Government to close loopholes and force tax cheats to pay more of their fair share. Thanks to the steps we have taken, the tax yield for this year, alone, will be around £9bn more than when we came into Government in 2010. 
Our party is determined not to let up in the fight against tax cheats. If we are in Government again our aim is to make progress on this agenda in every Budget and every Autumn Statement of the next Parliament.
We will continue to invest in HMRC, as we have done in Government, to enable them to do more to tackle tax evasion and avoidance. We will also introduce a range of other measures, including a General Anti-Avoidance Rule, which goes even further than the current anti-abuse rule. 
 
I understand the Government has also taken specific action to get back money lost in Swiss bank accounts. HMRC is working systematically worked through all the HSBC data that it has received and has so far brought in more than £135m in tax, interest and penalties from tax evaders who hid assets in Swiss HSBC accounts. 
It’s not enough, though. We need a shift in society to see taxes as payment for services rendered, rather than some kind of penalty. Do please pass that message on to your friends and neighbours. 

 

Britain is a Better Place

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 Sharing a drink with Albert Tillen, at The Red House in Newbury 

 

This seems like the ideal time to share my favourite list – Liberal Democrat policies included in our 2010 Manifesto, which have been delivered by our team in Government.

The list includes some of the most socially democratic policies this country has seen for a generation – achievements which, for all the obvious reasons, do not get the press they deserve.

Please share this list with your family and friends. Let them know that while the Tories and Labour have been bickering away in PMQs, our team has been calmly getting on with the job. Britain is a better place for having Lib Dems in government:

  • Investing nearly £1 billion to crack down on tax avoidance, raising an extra £9 billion per year by 2015
  • Providing £400 million to give respite breaks to carers who work over 50 hours a week
  • Delivered on the key Lib Dem pledge of a £2.5bn Pupil Premium to bring extra funding to disadvantaged students. Its rate has now been increased further and is £1,300 per eligible pupil in primary schools and £935 per eligible pupil in secondary schools in 2014-15
  • Increase Capital Gains Tax to 28% for higher rate taxpayers whilst keeping it at 18% for basic rate taxpayers
  • Delivering an £800 tax cut to 25.4 million people by raising the income tax threshold to £10,500 in 2015, with 3.2 million low paid people being taken out of having to pay income tax at all
  • Creating a new, simple single state pension – a Citizen’s Pension – set above the basic means test level
  • Restored the link between pensions and earnings, which had been scrapped by Margaret Thatcher
  • Reinvigorating Britain’s Apprenticeship programme
  • Phased out the compulsory retirement age
  • Investing around £400 million to make psychological therapies available for those who need them, including for the first time children and adolescents (England)
  • Increased funding for dementia research by 150%, reaching £66.3 million by 2014-15 (England & Wales)
  • Ensured the Government maintained the commitment to end child poverty by 2020
  • Banned private sector wheel-clamping to put an end to rogue clampers (England & Wales)
  • Scrapped the expensive and impractical ID cards programme
  • Mapped out the Government’s path to renewable energy to 2050, including massive investment in low carbon electricity
  • Banned new coal-fired power stations that don’t have Carbon Capture and Storage technology
  • Ensured the overseas aid budget was protected from cuts – and hit the international 0.7% of GDP target from 2013
  • Planted 1 million trees in England, the first government tree planting programme since the 1970s
  • Doubled Britain’s production of renewable energy
  • Created a Green Investment Bank, triggering an extra £15 billion of investment in green infrastructure by 2014-15
  • Introduced the Green Deal, letting people pay for energy efficient home improvements with the savings on their energy bills
  • Scrapped burdensome Home Information Packs and improved energy performance certificates to make them more user-friendly (England & Wales)
  • Improved our libel laws, including making it harder for companies to silence their critics and improving freedom for academics to publish their research (England & Wales)
  • Strengthened freedom of speech by removing the offence for using ‘insulting’ language from Section 5 of the Public Order Act
  • Secured a judicial inquiry into Britain’s role in torture and rendition
  • End the routine detention of children for immigration purposes
  • Removed innocent people’s DNA from the police database (England & Wales)
  • Vetoed the Snooper’s Charter plans to monitor everyone’s online activity
  • Ensured there is no replacement of the costly Trident nuclear weapons system this Parliament
  • Ended the rule forcing people to buy a pension annuity at 75
  • Taking 3.2 million low earners out of income tax altogether through the key Lib Dem policy of raising the basic income tax threshold
  • Established the Equitable Life Payment Scheme and begun payments to people who lost their money, ending years of stalling under Labour
  • Agreed to the Vickers Report recommendation to separate retail and investment banking
  • Introduced a banking levy so the banks pay a their fair share of tax

 

If you would like to join my campaign to represent Newbury and West Berkshire, please do contact me on judith.bunting@wbld.org.uk.