FSB calls for resignation of Enterprise Tsar
Fri, 06 Nov 2009
The Federation of Small Businesses (FSB) has called for the resignation of Lord Sugar, claiming his position as Enterprise Tsar is no longer tenable.
Comments made by the Amstrad founder earlier in the week have angered the federation, which discussed its response at a national council meeting.
Lord Sugar had stated his belief that 85 per cent of small businesses have no reason to moan about limited access to finance, as they are not worth lending to.
He suggested that many company bosses had been "living in Disneyland" if they believed they deserve credit from the banks.
FSB national chairman John Wright said the federation was "extremely disappointed" by the comments made about small firms.
"Despite being appointed by the government to champion business in the UK, Lord Sugar seems to have no grasp of the hard work small businesses do and the role they play in employing six in ten of the country's private sector workforce and contributing to more than half of UK gross domestic product," he added.
Mr Wright said the language the peer had used to describe this country's small business owners was "hardly appropriate" given his current role, adding that FSB members had been in touch to complain.
Lord Sugar, who has achieved cult celebrity status through his role on BBC1's hit show The Apprentice, was given his government title just five months ago.
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