Thatcher 'a million times' better than Cameron - Hargreaves

clock

Peter Hargreaves, the founder and CEO of Hargreaves Lansdown, says former Prime Minister Margaret Thatcher was a "million times" better for businesses than current incumbent David Cameron.

According to Hargreaves, who is set to step down as CEO later this year, the Cameron-led coalition Government has done little to encourage entrepreneurs like himself. "The Conservatives, along with Labour, I don't think understand what it is like to run a business," the 63-year-old told Bloomberg. "I don't think there is any politician out there really supporting entrepreneurs at the moment." According to Hargreaves - named in the Sunday Times rich list as the UK's 111th richest person with a personal fortune of £570m - regulation stunts business growth because it favors employees ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Revised figures show zero UK real GDP growth in Q3
UK

Revised figures show zero UK real GDP growth in Q3

Revised ONS figures

Sorin Dojan
clock 23 December 2024 • 1 min read
UK retail sales edge up by 0.2% in November
UK

UK retail sales edge up by 0.2% in November

Black Friday sales not counted

Sorin Dojan
clock 20 December 2024 • 2 min read
City Minister Tulip Siddiq embroiled in £4bn anti-corruption probe - reports
UK

City Minister Tulip Siddiq embroiled in £4bn anti-corruption probe - reports

Alleged £10bn nuclear plant deal

Linus Uhlig
clock 19 December 2024 • 1 min read
Trustpilot