Government doesn't get our needs, entrepreneurs claim

MORE than 80% of entrepreneurs believe that ministers do not understand their needs, a poll found.

- By Ali Lyon

Over half cite taxes and red tape as major barriers to growth aspirations.

Just 4% of business owners believe the Labour Government has a grasp on what they need to succeed.

Founders of companies also raised the alarm over investment despite Britain’s historically vibrant venture capital industry.

Three-quarters said they were struggling to attract seed and later-stage investments.

The entrepreneurs blamed tax and regulation policies for their struggles.