Well Willy, there is an answer here

But the way we analyse and discuss our plight is crazily upside down. The Department for Business, which does have some interesting ideas for how to promote innovation, is browbeaten by the wider politics into making it a priority to take the \”burden\” off business, allegedly to stimulate growth. Yet on most benchmarks, the UK is already the most lightly regulated member of the EU. It is absurd to characterise regulation and red tape as principal sources of the UK\’s ills. This is voodoo economics.

You will have noticed how EU growth rates are rather lower than growth rates outside the EU?

The UK might be more lightly regulated than some other parts of the EU, but the level of regulation all over the EU might still be too high.

Just one little example. I enquired about setting up a little operation in an area of high unemployment in the UK. It was only an idea, just a , \”what if we could raise the money to do that?\” sort of thing. Small, on a business park already dedicated (indeed, under one plan or another, defined as a centre for) to the basic technology. Off the shelf parts, small operation, looking to process perhaps 1 or 2 tonnes of material a day. Known technology, just applying it to a different mineral. What would be called a pilot plant, the stage between playing with test tubes and running a full commercial operation, you know the sort of thing, this works in theory now, do the real world economics work?

People to do it available, money certainly findable, factory space there, the killer was planning permission. Recall, this is a pilot plant, maybe 5 to 10 people total employment, off the shelf parts, known technology, on a business park dedicated to the basic technology. 12-18 months for planning permission. So we\’d have to go get the finance to have a team available for 18 months before they could actually do anything.

Bit of a killer that. And you want to say that regulation isn\’t slowing down British industry?

1 thought on “Well Willy, there is an answer here”

  1. Back in the recession of ’91 I was working for GEC connecting all their companies to the corporate telecoms network.

    One factory in Colchester was very difficult to find because it was right in the middle of a brand new housing estate. This was one of the most successful businesses in the group and the factory was working flat out 24/7 making those extractor fans you see in long tunnels.

    When I discussed their telecoms requirements with the Operations’ Manager he told me not to bother. They were being closed down and the factory was moving to France.

    It turned out that the although they had objected to the planning permission, pointing out that they were a 24/7 operation, it was noisy and lorries were turning up all the time with parts and to take away the the finished product.

    As you can guess the first people to move in to the houses complained that the factory was 24/7, noisy and there were big lorries driving through the streets where their kids were playing.

    We really are our own worst enemies at times.

Leave a Reply

Your email address will not be published. Required fields are marked *