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 Monday 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 for Twitter and emails.


  • 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 AvatarDenis Loretto 5th Oct - 1:13am
    Jedibeeftrix, Bim et al On one hand you regard the UK as so strong and important that we can readily contemplate making our way quite...
  • User AvatarJohn Barrett 4th Oct - 10:59pm
    If no crime has been committed it is still an outrage that Michelle Thomson and her husband have been buying up properties from victims of...
  • User AvatarAndrew McCaig 4th Oct - 10:50pm
    Al, Suggest you just read the Scottish Law Society judgement then if you don't like Ian Smart. Perhaps you can explain to us how "Mrs...
  • User AvatarMary Reid 4th Oct - 10:28pm
    Ah - the man who talked with his eyebrows.
  • User Avatarjohn Stevens 4th Oct - 10:20pm
    Working with France is the way forward. A pity the party did not support this in 2005, when it was proposed by pro-Europeans and when...
  • User AvatarAl 4th Oct - 10:11pm
    Unbelievably, Caron is actually recommending you read what Ian Smart says. Caron is well know for complaining about "abuse" on the internet including in comments...