Banquo wrote:Stom wrote:I’m with puja here. If it’s possible to get rid of some of those chains and create opportunities for small business ideas to flourish, do it.
But that means a complete u-turn for the Tories with their focus on the profits of Whetherspoons, Pret, et al.
So, kill off many service industries and public transport in cities and their huge supply chains, and replace with what? I don't disagree that it looks likely, but just making the problem statement and some partial outcome (destroy multinationals

) doesn't really help. I suspect you are talking in the 10's of millions of jobs, and restructuring the economy overnight in effect- quick search says 85% of UK workforce works in the service industries (a broad brush, but you get the picture).
Let’s take, for example, the train companies. They have been fighting with their unions for years to try and reduce the workforce to make more profit. No guards means worse service for the users, so it can’t be argued that this is a fight driven by anything other than corporate greed and making the companies sole purpose to make profit for their shareholders.
New regulations demanding minimum 2 guards on each train and suddenly running fewer trains doesn’t reduce the workforce. Ditto adding more staff back into stations, as if you have a problem you press a button, wait until your train comes and leave it still ringing. That’s appalling service.
Of course, those companies will scream it’s unfair and many will just leave, so those services will need to be denationalized, which makes sense as it’sa natural monopoly and those do not work in the interests of their users.
Offer many of those others who have gone from being underpaid “baristas”, in inverted commas because most of those chains couldn’t make a nice cup of coffee to save their life, the opportunity to retrain as, for example, a va. That puts them firmly in the service industry but one that is growing like hell and one where many small businesses and entrepreneurs are looking for high quality, native speaking vas to take work of them. They’ll generally get paid more than they were getting, I believe three ball park figure for a native va is around £10/h.
There’s a lot more but I’m not an economist to be able to dig deep into the figures, not that most economists are scientists anymore.