You can read its article on Hot 100 superstar Terry List here. When we interviewed List about how his eponymous company is battling through the recession, he slammed the government: "I think if you completely rework the political system and put people in charge who really know their stuff – top business and financial people – then you’ll get somewhere. But instead you’ve got all these government departments with ministers in charge of subjects they’re not qualified in." He’s not the only Hot 100 entrepreneur to be disillusioned with the government. When we surveyed all 100 business owners, a measly five per cent said the government’s recently announced measures would help their business. "I’m not surprised,” says Darryl Eales, chief executive of LDC, the private equity company that sponsors the Hot 100. "When the government reduced the standard rate of VAT from 17.5 per cent to 15 per cent at the end of last year, the majority of entrepreneurs thought it was purely cosmetic and an utter waste of time. It smacked of the government wanting to be seen to be doing something when, in reality, it had very little or no impact." Related articles:The Hot 100 2009
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.