LibLink: Vince Cable – budding Asian entrepreneurs help create thousands of UK jobs

The Telegraph has published a supportive report of a speech by Vince Cable at the launch of the National Asian Business Association yesterday. He referred to the 50,000 British Asian businesses in the UK which together generate more than £60bn nationwide, which in turn help to create thousands of jobs. He claimed that British Asians are probably “the most entrepreneurial section of the British public”

He said:

The stereotype of Asian businesses is changing rapidly; while that stereotype is still there – 30pc are in the retail sector – it’s rapidly diversifying. Their growth is essential to job creation and national economic recovery, as is the emergence of a new generation of Asian entrepreneurs.

You can understand, particularly after the Eastleigh [by-election], why people are anxious about uncontrolled immigration but that’s no justification to put up barriers to the people we need here and the capital, entrepreneurial skills and the other skills we need to make the country grow. The visa system has got to be flexible and pragmatic.

You can read the full article here.

* Mary Reid is the Tuesday Editor on Lib Dem Voice.

Read more by or more about .
This entry was posted in LibLink.
Bookmark the web address for this page or use the short url http://ldv.org.uk/33544 for Twitter and emails.

3 Comments

  • Richard Dean 5th Mar '13 - 11:59pm

    I expect Vince didn’t mean it, but this speech is perhaps just what UKIP need. To claim that the rest of the British public is less entrepreneurial is not good at all for relations between Asian and non-Asian British people. It’s a colonial divide-and-rule approach in which one section of the community is used as a way of criticising another. Disgraceful. It’s also a highly dubious statement. There are plenty of non-Asian entrepreneurs, some are even TV personalities.

  • “The visa system has got to be flexible and pragmatic.”
    From last year’s consultation on immigration, I though the visa system was flexible and pragmatic particularly with respect to those who either had capital or skills the nation wanted. The problem is the uncontrolled immigration of people who have neither.

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?




Recent Comments

  • User AvatarCharlie 28th Aug - 1:13am
    Something like 70% of the Trades Unions were un and semi-skilled and were only ever going to vote Labour. Many craftsmen and especially the self...
  • User AvatarSimon 28th Aug - 1:06am
    Sometimes I think we take the preamble as gospel, rather than actually read the canon of liberal thought which constitutes liberalism. The small, essentially-contested verbiage...
  • User AvatarDavid-1 28th Aug - 12:32am
    Almost every time the Tories have been part of a coalition government they have devoured their coalition partners, . The one exception has been the...
  • User AvatarDavid-1 28th Aug - 12:28am
    There should be no question about whether or not it is acceptable to call the Liberal Democrats a feminist party. The only question (unfortunately) is...
  • User AvatarRichard Dean 28th Aug - 12:25am
    I also don't like the implicit coercion. Is there another way, maybe for people to volunteer instead?
  • User AvatarRichard Dean 28th Aug - 12:22am
    @T-J. But if an independent Scottish currency will do well, why is Alex Salmond so insistent on currency union, so much so that he's willing...