logo      welcometoentrepreneurcountrylogo
Log in using Facebook Forgot login?Register
News & Features Politics What I would do with the budget

What I would do with the budget

Written by Mark Needham on Wednesday, 21 March 2012 00:13
Rate this item
(0 votes)

If this was my budget, I would encourage two of this country’s fastest growing and most beneficial industries – software and education. These sectors are beneficial not only because they create jobs and pay taxes, but they are also areas of the economy which help us achieve better lives. And the good news is that they could both be helped without costing any money.

Both industries are suffering from the cap on immigration imposed by this government, which has promised to reduce the number of migrants coming into this country.  This is a self inflicted wound. To reverse it, all the government needs to do is announce that it will no longer include students in the number of immigrants it is trying to cap. Only count them as immigrants if at the end of their course they apply to stay, but as long as they are a fee paying student at an approved college of higher education, they are considered non-permanent. 

Stretching the definition further, the argument needs to be made that computer scientists are so valuable – just think how much we would like a company like Facebook to spring up in this country – that software engineers with a masters or other postgraduate degree in computer science will no longer be counted in the numbers being capped until they have been here five years, on the grounds that they will doubtless get offered jobs all over the world. Simply by a Sir-Humphrey like change, the government  can help business which create socially useful outcomes as well as economic activity.  As an alternative to pandering to City industries and Russian oligarchs it has to be a vote winner.

Mark Needham is Chairman of Widget UK Ltd (www.widget.co.uk), a distributor of high tech consumer eletronic products

Add comment


Security code
Refresh

Latest Comments

Welcome to Entrepreneur Country

Community Coffee Lounge

Welcome to the Entrepreneur Country Coffee Lounge.

coffee_lounge

With a host of viral videos, games, cartoons and puzzles, its your time to relax.

Entrepreneur Country

Related Media

Facebook/Twitter

Poll

Should Britain be part of the European Union?

Yes - 69.2%
No - 30.8%

Total votes: 78
The voting for this poll has ended on: 23 Feb 2013 - 14:44