Opposition leader Kemi Badenoch criticises Rachel Reeves' approach to the economy, claiming the Labour have eroded business confidence. She insists the government should listen to businesses rather than regulators. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00I believe that it is business that creates growth, not government and for too long we've
00:06acted as if it's government that does that and whenever you put burdens on business they
00:11stop hiring, they stop investing, they stop creating jobs and that's what we've seen most
00:16recently with the budget that Rachel Reeves announced last year.
00:21It's created a huge drop in business confidence but I don't think she will succeed because
00:26I think she's going about it the wrong way.
00:28She's asking the regulators what to do, that's not what regulators are there for.
00:34She should be listening to business, she should be listening to the people who actually create
00:38growth not the regulators and what business people are telling me from small to the very
00:43largest is that Rachel Reeves is not listening and in fact she was telling them things that
00:48are completely different from what she's doing now and a lot of people feel betrayed, a lot
00:52of people feel that Labour has lied to them about what they said they were going to do
00:56and they've got to course correct.