Is the Governments Plan for Growth working? Given that the whole deficit reduction strategy is predicated on a business led recovery, its pretty important that whatever the negative noise from the Opposition and opponents of the cuts, the boardrooms of UK plc respond positively and start investing for growth. After a week of unrelentingly negative media coverage in the Westminster village, some encouraging signs of a return of positive investor confidence and entrepreneurial activity from the UK Life Science sector.

 

In todays Times, 12 of the UK's leading entrepreneurs and investors have written an open letter to the PM congratulating the Government on the combined effect of its Life Science Strategy and the recent Budget measures. Some big and impressive names here. Herman Hauser, for example, is the founder of 5 of the 7 Cambridge Start Ups which have so far broken the magic $1bn value mark. Not bad. This is serious endorsement for the PM and Chancellor. And good news for all of us that a key sector of the UK economy is so positive and actively investing for growth. Is the Governments Plan for Growth working? Seems so.