UK busi­nesses are too ‘fat and lazy’ says min­is­ter

The Myanmar Times - - Business -

THE Bri­tish min­is­ter charged with boost­ing in­ter­na­tional trade postBrexit has slammed the coun­try’s busi­nesses as be­ing too “fat and lazy” to cap­i­talise on the op­por­tu­nity.

“This coun­try is not the free-trad­ing na­tion that it once was,” Sec­re­tary of State for In­ter­na­tional Trade Liam Fox told a re­cep­tion for Con­ser­va­tive ac­tivists last week.

“We have be­come too lazy, and too fat on our suc­cesses in pre­vi­ous gen­er­a­tions,” he added, say­ing ex­ec­u­tive were more in­ter­ested in “play­ing golf ” than strik­ing deals.

Mr Fox will play a key role in es­tab­lish­ing Bri­tain’s po­si­tion on the world stage as it leaves the Euro­pean Union, but his com­ments are likely to cause out­rage among the busi­ness community that he rep­re­sents.

The trade min­is­ter warned that the ar­du­ous task of ne­go­ti­at­ing trade deals with in­ter­na­tional part­ners in the wake of Brexit would be a waste of time “if we don’t have the ex­porters to fill those mar­kets”.

“We have got to stop think­ing about ex­port­ing as an op­por­tu­nity and start think­ing of it as a duty.

“Com­pa­nies who could be con­tribut­ing to our na­tional pros­per­ity choose not to be­cause it might be too dif­fi­cult or be­cause they can’t play golf on a Fri­day af­ter­noon,” he said. –

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