Social entrepreneur and millionaire Kevin Green gives reaction to Budget
Social entrepreneur and millionaire Kevin Green has given his reaction to Chancellor George Osborne's Budget -
I am not paying intermediaries massive fees - and cutting out the middle-man means that my family are much more financially secure.
The other question I would ask regarding the pension changes is: why would you pull money out of a pension and then get slapped with income tax?
I also wonder why people bother locking money up in ISAs, when they may be better off shopping around for a high interest account which can achieve the same thing, if not better.
I sometimes wonder with ‘vehicles’ such as the ISA, who really benefits? The customer or the introducer? I think I know the answer to that one!
There’s a good plus point in the Budget with the Home Equity scheme being extended. It shows evidence that the Government wants to kick-start the economy.
The extension of the Help to Buy scheme for new homes is obviously good – and there are plenty of signs that this is working to help people into their first home.
The Government’s support for the building of more than 2000,000 new homes is to be welcomed because one of the reasons for the big house price rises around 2008 was the restriction of housing supply. Obviously, increasing the supply of housing in the medium term will lead to a more stable housing market.
The news about the Government’s support for the M4 improvements is very welcome.
It is also nice to see London central Government appreciating the efficiency of putting more control of tax and borrowing powers into the hands of the Welsh Government.
The Welsh Government has ideas for improving infrastructure in Wales. The Welsh Government understands the environment in Wales and being at the sharp end of things with their understanding of Wales they are likely to deliver infrastructure improvements more efficiently when the new powers come on line.
The extra £200,000 to fix potholes in the roads made me smile. I am now revisiting my youth as I have purchased a BMW R1200 motorbike for my business activities, simple to get me to meetings on time!
My teeth have been rattled by the potholes on the M4 on many occasions. You get a closer feel for potholes on a bike than you do sitting in a car!
Overall, the Budget seems to have made as much impact as a 12 sided £1 coin. Yes, it looks very nice, but it doesn’t make much difference.
About Kevin Green:
Kevin Green is a self-made multi-millionaire and social entrepreneur. He is one of the UK’s largest residential property landlords and a multi-business owner.
Kevin is a member of the panel advising Edwina Hart (Welsh Government Minister for Economy, Science and Transport) on empowering and implementing entrepreneurship from primary school level through to adults. Kevin is very proud of this prestigious position with the Entrepreneurship Panel for Wales as it fits his aim of helping people into business.
Kevin is a member of the Planning and Resources advisory board at Coleg Sir Gar (Carmarthenshire College), helping shape the brighter future for further education in South Wales. He is also the chair of the Big Ideas Wales Challenge and a Welsh Government ‘Dynamo’ role model. He helped launch the Swansea-based Entrepreneurship Academy for Wales (attached to Swansea College).
The 50-year-old dyslexic, who featured on Channel 4’s Secret Millionaire, was homeless in 1988. Today, his property portfolio runs into the hundreds.
He has a wealth of experience in the property investment world and heads a number of successful companies and other non property related businesses. He is also involved in business coaching under his own brand of Kevin Green Wealth (KGW).
Before making his fortune in business he was a successful dairy farmer. In 1999 he won a Nuffield Scholarship in agriculture. He studied the attitudes and personalities of high achievers and was the chair of the ‘Grazing Dragons’ discussion group from 1996 to 2000.
He interviewed Bill Gates, Sir Richard Branson and other millionaires for his Nuffield Scholarship project. During the study, he learned the simple principles for success. He bought his first property soon after, using credit cards to bridge finance the deposit of a buy-to-let mortgage. After quickly renovating it and selling it at a profit, he bought a second. The rest is history.
Kevin has had an active involvement with the homeless charity Shelter, The Wallich charity, Llanelli Women’s Aid and many other housing charities and organisations.
Kevin continues to thrive in business and chooses to give back to the next generation of entrepreneurs by sharing his knowledge and wisdom. His speciality talks include motivation, empowerment and coaching and he enjoys giving businesses and organisations an insight into what it takes to be successful in today’s challenging business world.
The wealth guru loves to educate, motivate and inspire others and his passion and enthusiasm is quite infectious. His down to earth approach is often referred to by those who know him as ‘exactly what it says on the tin’.
These qualities have catapulted him into worldwide demand as a speaker at conferences, dinners and seminars.
Kevin has travelled throughout the UK, Asia, Australia and New Zealand in the past year and has spoken alongside Sir Richard Branson and Lord Alan Sugar. He’s even shared a stage with former United States President Bill Clinton.
Some of his clients have included British Airways, Yorkshire Bank, Welsh Development Agency, UK Techniums and Triumphant Events.
Kevin is a regular commentator on property and business for a cross-section of UK and international media resources. He regularly appears on TV and radio, commenting in both English and Welsh.
The dad-of-three is an ambassador to the Make-A-Wish Foundation charity and has personally contributed more than £300,000 to the fund. He is also a member of The Professional Speaker’s Organisation and a patron of the Ray Gravell Trust. He lives in Burry Port.
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