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Government’s progress is ‘encouraging’
The coalition government's first ninety days in power has been ‘encouraging' according to the British Chambers of Commerce (BCC).
The BCC is particularly impressed with the government's actions on producing a credible plan to reduce the budget deficit, reforming public pensions and reviewing existing employment regulation that affects employers
"Early action on deficit reduction and burdensome employment regulation has been strongly welcomed by business - and many of the measures in the Chancellor's emergency Budget struck the right balance," said David Frost, director general of the BCC.
"However, business wants to see more progress in areas such as international trade and reform of the UK's planning system. While the Prime Minister has led a trade mission to India, we have not yet seen the appointment of a dedicated trade minister, nor a focused strategy for a strong export economy."
Post Date: August 16th, 2010
The BCC is particularly impressed with the government's actions on producing a credible plan to reduce the budget deficit, reforming public pensions and reviewing existing employment regulation that affects employers
"Early action on deficit reduction and burdensome employment regulation has been strongly welcomed by business - and many of the measures in the Chancellor's emergency Budget struck the right balance," said David Frost, director general of the BCC.
"However, business wants to see more progress in areas such as international trade and reform of the UK's planning system. While the Prime Minister has led a trade mission to India, we have not yet seen the appointment of a dedicated trade minister, nor a focused strategy for a strong export economy."
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Post Date: August 16th, 2010
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