Peter Hargreaves, the founder and CEO of Hargreaves Lansdown, says former Prime Minister Margaret Thatcher was a "million times" better for businesses than current incumbent David Cameron.
According to Hargreaves, who is set to step down as CEO later this year, the Cameron-led coalition Government has done little to encourage entrepreneurs like himself. "The Conservatives, along with Labour, I don't think understand what it is like to run a business," the 63-year-old told Bloomberg. "I don't think there is any politician out there really supporting entrepreneurs at the moment." According to Hargreaves - named in the Sunday Times rich list as the UK's 111th richest person with a personal fortune of £570m - regulation stunts business growth because it favors employees ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes