David Cameron's speech at the CBI (Confederation of British Industry) Annual Conference today at around 10am for approximately 30 minutes.

David Cameron leader of the Tory's is reported recently as plendging to reverse the proposed CGT changes.

David Cameron is speaking at the CBI Annual Conference as I type.  "As Prime Minister I want businesses to grow..." "We have the greatest tax burden in peace time history" Billions have been wasted on changes that have not worked according to Mr Cameron. The list of Billions wasted by Government realled off by Government (he did not mention the near of £30Billion "given" to Northern Rock) was truely staggering.

Mr Cameron goes on however (so here comes the small print) "We need your help...". In other words you will have to pay for any tax changes in otherways...

Sadly Mr Camerons speech was very weak on substance with a lot of rhetoric thrown in. More than a few times he says "My vision for Briton..." with no or little detail to follow.

Asked if a conservative would return a 10% rate of tax for business sales all he said is that he will "fight the proposed changes" "if we can't pursuade the governement to change it's mind...". He accuses Labour of being a "weak government" a number of times in his speech but frankly the answers to many questions were little but waffle and rhetoric and indeed somewhat weak so there can be little comfort to the business community from the Tory's in reality based on this particular speech.  Perhaps if we had a much stronger clearer opposition in Parliament we would see much less waste much fewer problems in Government.

The political opposition has been extremely weak for the last decade and this was I my opinion another example of weak opposition lacking in substance.