Shadow Science Minister Andrew Griffith welcomes the government’s investment summit but warns “you’ve got to walk the walk” saying rumoured measures on tax and debt are not “conducive for businesses to invest”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00We had a very similar lineup just 12 months ago.
00:02This is the third such summit to under the Conservatives.
00:06I'm glad that this government is putting out the shop front for the UK.
00:11That's the job of work of any government.
00:13And we've got a lot to be proud of with the financial services
00:16in the city of London, our science and technology superpower status.
00:20But you've got to walk the walk.
00:22It's not just about canapes and cocktails.
00:25You've actually got to have an environment that's conducive for business success.
00:29And if you're putting up tax on work, if you're threatening people
00:34with increased capital gains tax or non-DOMS,
00:37and if you're looking at fiddling the definitions of debt,
00:40none of those things are likely to produce an environment
00:43that's stable or conducive for businesses to invest.