Good news, I thought. Lots of Lanarkshire entrepreneurs generating affordable businesses. But hang on a moment: what's an "affordable" business? Is it one that you buy down at the Co-op? Are we talking of companies that can be purchased by people "in the community"? Sadly, no. Remember that Lanarkshire is the heartland of the "Labour Community", and that means money, money, money. Your money:
A final evaluation report of the Lanarkshire Enterprise Zone project suggests it cost much less in taxpayers’ cash per job created than any other similar project.Aha! The taxpayer. And how much less is this costing, you may ask?
The report showed that the cost per job of the net additional jobs created was £14,609, compared to £21,485 which is the UK average, according to the 1995 evaluation.But note that one reason for previous economic problems in Lanarkshire was this:
A high degree of reliance on an inward investment market which subsequently collapsed.Many, many, foreign-owned factories were given taxpayers' cash to come to Lanarkshire and other parts of Silicon Glen and now they're leaving for cheaper or more subsidised pastures. It's beginning to dawn on most of us that imported businesses built on subsidies don't last. So, tell me, why doesn't this logic apply to domestic businesses, even "affordable" ones? I think that it does. So instead of spending £14,609 a go to create jobs that probably won't last, why not simply make Lanarkshire a vast tax-and-regulation-free enterprise zone?