- Question by: Peter Hulme Cross
- Meeting date: 19 July 2006
Mr Faulkner and panel, going back to your opening remarks, I very much concur with what you said, because it squares with my own personal experience. The businesses are prepared to invest in training of their staff when things are prosperous; when things are not so prosperous they cut back, and training is one of the first things to go. At the moment we have a situation in London where unemployment is rising, where the closure of small businesses, according to the VAT figures, is actually more than those businesses which are opening, so, we seem to be in a...
