Investment

Sunak’s claims were also hollow | Business

The the Conservative Party has always referred to itself as the protector of small business owners. In the 2019 election manifesto, it congratulated entrepreneurs, family firms and self -employed for helping “create the nation’s wealth”.

When the pandemic broke out last year, Rishi Sunak wrapped private business in a warm hug. Emergency loans, business rate assistance, furlough schemes and the self-employment income support scheme have saved businesses that could be submerged by the storm.

Did the vague feeling return? Not completely. Several million freelancers and recently self -employed have fallen into holes in Sunak’s safety net. There is growing frustration, too, with chaotic decision-making, policy flip-flops and very poor communication skills of ministers. Without a clearer “road map”, businesses and consumers cannot make informed decisions.

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