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Investments News - Saturday 7th November 2009

Lord Alan Sugar learns political speak

Lord Alan Sugar learns political speak

Lord Alan Sugar may well be king of the small business arena but he has had to learn a short sharp lesson in political speak after criticising small business owners earlier this week for complaining about a lack of liquidity in the market place. He has issued a statement suggesting that his original comments were taken out of context and he is there to support and help build the small business sector in the UK.

While there is no doubt that Lord Alan Sugar has much to offer in the shape of advice and guidance for small business owners in the UK, the world which he now finds himself in is very different to the world in which he grew up. While many people appreciate his no-nonsense approach to business advice there is no doubt that he did overstep the mark earlier this week when being openly critical of those struggling to finance their businesses.

The appointment of Alan Sugar was a controversial move in the first place but despite his outburst earlier this week he would appear to still have the full backing of the UK government. It will be interesting to see the tone and manner in which he delivers his speeches and his advice in the future.

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