Posted: Wed 15th May 2019
Liz Truss has attacked what she said is "an insidious notion" that entrepreneurs don't deserve the wealth that they creating.
The chief secretary to the Treasury said entrepreneurs are "heroes".
"Take Carole Kane and her business partner, Mahmud Kamani, who set up BooHoo in Manchester," she told the Financial Times' Brexit and Beyond Summit in London. "Risking their own money, they created clothes, jobs and a bright future for their city.
"I am worried that an insidious notion is being allowed to infect Britain that somehow wealth is something that is never deserved.
"That whatever the risk someone has taken, whatever the hard work they have put in, it is subject to suspicion. I think it's this anti-success attitude that is hugely damaging."
Truss said the government also needs to take an entrepreneurial approach.
Repeating her call for reforms of the planning system and the building of a million homes on greenbelt land, she said: "High housing costs prevent people moving to more productive jobs. So people can't live near the best jobs, and businesses can't access the best talent.