The Government is struggling to find a growth policy and has a Business Secretary who is not up to the job, according to Lord Sterling, the former chairman of P&O and close confident of Baroness Thatcher.
The Liberal Democrat leader will promise to put help for small firms at the heart of the party’s economic policy.
And in an echo of the approach the Lib Dems have previously taken on low earners and income tax, Mr Farron will set a target of taking the smallest firms out of the tax system.
GBPUSD (Cable) just cracked back below 1.50 and is trading at its lowest since July 2010 as The FT reports that it appears George Osborne (British Chancellor) is paving the way for Mark Carney (Bank of England governor) to follow the so-called 'Merkel-Draghi wager' that Europe is dangerously betting on.
The man hand-picked by George Osborne to run the Bank of England has fuelled speculation that he will order a policy revolution to jump-start the stalled British economy as fears grow of a triple-dip recession, reports The Guardian.