A Quote by Michelle Mone
I thought not being part of the [Britain] union was a bad idea. We are better together.
It was dangerous for business as there were no [concrete] plans around the currency or the economy.
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I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that was bad for business, and didn't I realize that. And I thought, 'What are you talking about?' The value of the currency in part, large part, reflects the world's view of the state of our economy.
Britain is not part of the single currency. That is a decision we have taken, a voluntary decision of this country, but as a result are part of a European Union 19 of whose members are rapidly integrating, creating political, fiscal, monetary, economic union to make their currency work. And that is increasingly rubbing up against the operation.
I think Britain's economy has done extremely well from having the influx of talented people from around the world and from having an influx of people from the rest of the European Union. It's both evidence of how strong the British economy was - that's what drew people in - but it's also part of what's making the British economy work.
For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.
I don't just want a better deal for Britain. I want a better deal for Europe too. So I speak as British prime minister with a positive vision for the future of the European Union. A future in which Britain wants, and should want, to play a committed and active part.
I think business, government and unions have to work together, and the common enemies to the global economy. We're being beaten by the global economy, and we've got to unite together to win.
There is a proposal to divide the currency zone into a north and a south euro. There is also the idea of setting up a core monetary union in the middle of Europe. I disapprove of these debates. Instead, we should devote all of our efforts to supplementing the monetary union with a political union.
Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether it can pay the IMF, which is threatening not to be part of the troika with the European Central Bank and the European Union making more loans to enable Greece to pay the bondholders and the banks. Britain is having a referendum as to whether to withdraw from the European Union, and it looks more and more like it may do so. So the world's politics are in turmoil.
My family was in two businesses - they were in the textile business, and they were in the candy business. The conversations around the dinner table were all about the factory floor and how many machines were running and what was happening in the business. I grew up very engaged in manufacturing and as part of a family business.
The billions being spent on Trident replacement would be much better spent on investing in developing the infrastructure we need for a zero-carbon economy, as well as in protecting public services. To use the money on a project that makes Britain and the world a far more dangerous place is politically irresponsible and economically obscene.
When I was younger, I just thought that my plans were probably going to be more exciting than my parents' plans or the establishment. I sort of got by on being a little bit of a rebel.
Under the AHP approach, the average small business might be able to offer their employees one or two insurance plans, and that employee of the small business would have no idea whether their doctor was going to be a apart of one of those plans.
When a man's partner is killed he's supposed to do something about it. It doesn't make any difference what you thought of him. He was your partner and you're supposed to do something about it. Then it happens we were in the detective business. Well, when one of your organization gets killed it's bad business to let the killer get away with it. It's bad all around-bad for that one organization, bad for every detective everywhere. Sam Spade
Thanks to the euro, our pockets will soon hold solid evidence of a European identity. We need to build on this, and make the euro more than a currency and Europe more than a territory... In the next six months, we will talk a lot about political union, and rightly so. Political union is inseparable from economic union. Stronger growth and Euorpean integration are related issues. In both areas we will take concrete steps forward.
Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by any kind of hard currency, it would cause people all around the world to desire that currency for their savings, rather than dollars.
Up until I think eighth grade - when I found out in front of a roomful of people - I believed that England and Great Britain were two entirely different places. Like I didn't know that England was a part of Great Britain. I thought they were completely separate in every way.
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