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UK needs a 'regeneration Minister’

By admin
Created 06/05/2010 - 11:04
The next government should appoint a new Minister in charge of business regeneration, according to data released by RSM Tenon.

The survey of potential MPs showed that more than 50% think the new cabinet position should be introduced in addition to roles for business, trade and industry to help companies struggling with the lingering effects of recession.

"It is imperative that whoever forms the next government takes urgent action to help entrepreneurs and small businesses, who are still struggling under the weight of the economic downturn," said Carl Jackson of accountancy firm RSM Tenon.

"Reduced demand and restricted access to funding is causing serious difficulties for many companies and while some businesses have already collapsed under the pressure of recession, many more are struggling and in severe distress."


Source URL:
https://www.newbusiness.co.uk/news/uk-needs-a-regeneration-minister%E2%80%99