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.”

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

how to present your property for sale
Estate Agent Talk

6 Property Management Marketing Strategies For And Beyond

Did you know that over 70% of individual renters find their new homes on the­ internet? In our current digital e­ra, a sturdy online existence­ isn’t just an extra for property management firms—it’s a critical need. Nonethele­ss, with innumerable property administrators scrambling for visibility, how might your firm gain promine­nce? The solution is a de­tailed…
Read More
Estate Agent Talk

Strategies for Successful Real Estate Investment: Emphasising Luxury and Privacy

The appeal of luxury real estate lies in its ability to combine opulence with exclusivity, offering more than just a property but a lifestyle investment. For those seeking to enter this lucrative market, understanding the nuances of where and how to invest is crucial. As we navigate through key strategies for successful real estate investments,…
Read More
Estate Agent Talk

Leasehold and Freehold Reform Bill – Thoughts from the Industry

The Leasehold and Freehold Reform Bill has become law with the Act making it easier and cheaper for leaseholders to buy their freehold, increase standard lease extension terms to 990 years for houses and flats, and provide greater transparency over service charges. The Act will also remove barriers for leaseholders to challenge their landlords’ unreasonable…
Read More
Who are Rentd
Letting Agent Talk

Renters (Reform) Bill Dropped – Thoughts from the Industry

The Renters (Reform) Bill has been dropped as a result of the general election being called. Here are some thoughts from within the property industry. Ben Beadle, Chief Executive of the National Residential Landlords Association: “It is hugely disappointing that this Bill will not now make it into law. The news comes despite the fact that…
Read More
Estate Agent Talk

July 4 General Election – Thoughts from the Industry

Prime Minister, Rishi Sunak has called a general election for July 4, 2024, citing now being the time for the people of Britain to choose the next government. Here are some thoughts from within the property industry. Tim Bannister, Rightmove’s property expert: “A look back at recent elections shows that house prices and activity usually…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker

Matt Smith, Rightmove’s mortgage expert said: “Today’s inflation drop feels like an important milestone on the road to the first Base Rate cut. There’s been some to-ing and fro-ing over whether we’ll see a summer Base Rate cut, but today’s news will likely reinforce some of the positive words coming from the Bank of England…
Read More