Lord Sugar critical of Jeremy Corbyn
Lord Sugar, speaking to the Evening Standard reportedly said he fears that Jeremy Corbyn the Labour Leader could severely damage London’s housing market if he ever gets into Downing Street.
He was actually quoted as saying “He and his policies would be the thing that shuts the whole thing down and that if Corbyn were to become Prime Minister, “we should all move to China”.
Lord Sugar really needs no introduction when it comes to taking about business, he is one of Britain’s most successfull entrepreneurs, in more recent times he has become known for his role in the popular TV series The Apprentice.
At the Labour conference held earlier in the week Corbyn had backed his Shadow Housing Minister who had earlier promised “The largest council house-building programme in a generation, the full devolution of housing finance to local government, loans to kickstart work on 22,000 homes stalled by the deep recession, powers for councils to license private landlords, and a mortgage rescue scheme that helped thousands facing repossession stay in their homes”.
Lord Sugar was equally critical of Corbyn when he appeared on ITV’s This Morning Program, in one of his comments he reportedly said “They’ve voted him in and my personal opinion is that I cannot visualise someone like him talking to Angela Merkel or Barack Obama or Francois Hollande – I just can’t…. Would the public like him talking to those people representing us as the Prime Minister of this country? I don’t think so.
“I don’t know what his policies are, but from what I’ve gleaned so far, he wants to go back about forty years in time, when perhaps, there was a need for the protection of the oppressed population.”
You May Also Enjoy
Nationwide House Price Index – Thoughts from the Industry
Nationwide House Index – July 2025
Late payment reforms offer hope for SMEs
Late payment reform is welcome, says FMB
Build to Rent sees global surge
