The high-profile businessman criticises the government for its 'short-sighted' approach to business.
UK businesses, as well as households, are also dealing with the highest rate of inflation for four decades, with energy bills driving price rises through supply chains.He told the BBC he decided to shut Roots Cycleworks, a bicycle repair and hire and repair shop based in Exmouth, because of several factors including inflation, import issues, supplies of parts and customers' disposable income decreasing. He is set to start a new job next month.
He said the government had "yet to direct" workers to return to workplaces after "ordering them to stay at home".He argued "no weight" had been afforded to the "importance of face-to-face collaboration, shared culture, mental health, productivity and output, or the training of new and young employees", which he said was "fundamental to the success of businesses and employees alike".
"If we are being accused of inertia I think it's important that we stress the energy at which we are pursing smarter regulation in a variety different ways that will help enterprise," he told the BBC.The UK electric vehicle industry was dealt a blow earlier this week when battery start-up Britishvolt collapsed into administration, with the majority of its 232 staff made redundant.
Mr Gove said the government knew the site where Britishvolt had planned its factory was "hugely valuable, hugely attractive".
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