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”
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.