Thursday, July 9, 2020

Next Government must re-ignite business passion, says British Chambers of Commerce Director General

Avoiding a no-deal Brexit and delivering an urgent confidence boost through action on infrastructure, immigration, skills and business costs must be at the forefront of the next government’s agenda, says the British Chambers of Commerce.

2020 and beyond: business priorities for the next UK government – compiled with input from the 53 accredited Chambers of Commerce across the UK and the BCC’s growing global network – sets out key priorities that would enable businesses of all sizes to reignite the country’s stagnating economy.

BCC Director General Dr Adam Marshall said: “The message from business communities all over the UK couldn’t be clearer: the next government must deliver an end to the Brexit stalemate and take decisive steps to improve the business environment here at home.

“To say business leaders are angry and frustrated would be putting it mildly. They are doing their bit for the country – and think it is high time politicians do their bit too.

“We cannot afford to allow our infrastructure to fray, for the gaping holes in our training and skills system to go unfilled, or for governments to pile on new costs that stop firms from investing in growth.

“Millions of businesspeople across the UK pay their taxes diligently, and care deeply about their communities and the environment. They should never be seen asthe enemies of progress, and Westminster should never be distracted from delivering the conditions needed for growth, jobs and prosperity here at home.

“Our proposals would help an incoming administration reignite business confidence and investment – and would pay lasting dividends for our communities and the UK economy.”

Key business priorities for the next administration are:

On Brexit: Avoid a messy and disorderly exit from the European Union. Ensure the smoothest possible shift from a transition period to the future UK-European Union relationship. Introduce a temporary SME Brexit tax credit to support businesses that need to undertake specific activity to adjust to changes in trading conditions.

On people: Introduce a simple and flexible new immigration system that minimises the administrative burden on businesses and allows access to all skill levels – including temporary, seasonal and permanent roles – with recognition of professional qualifications, and increase funding for apprenticeships to ensure SMEs can access training, at all skill levels, in their local area and reform the Apprenticeship Levy in England to allow businesses to use all forms of accredited training.

On business investment and costs: Launch a business-led review of the business rates system in England and Wales, and work with the Scottish government to co-ordinate these reforms to provide a level playing field, and extend the £1 million Annual Investment Allowance for a further two years and widen its scope.

On infrastructure: Raise public investment in infrastructure to at least 1.4 per cent of GDP per year – exceeding the funding guideline of 1.2 per cent recommended by the National Infrastructure Commission, and complete the legal frameworks forall phases of HS2; deliver promised investment in Northern Powerhouse Rail; and proceed to deliver a UK-wide high-speed rail network as soon as possible.

On international trade: Ensure continuity of trading conditions with third countries so that businesses can continue to benefit from the levels of market access that they have had under European Union free trade agreements, and secure the future of the UK-European Union trading relationship, minimising cross-border trade frictions and avoiding a hard border with Ireland.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Go-ahead given for 300 homes and employment space on Derbyshire brownfield land

Harworth Group plc, a regenerator of land and property for development and investment, has received a resolution to grant planning consent for 300 new...

“Massive mistake” as letter reveals Leicester won’t receive financial support to help localised lockdown

A letter from Business Minister Nadhim Zahawi says there will be no special financial support from the Government for businesses in Leicester and the...

4,000 jobs to go at Boots

Boots has revealed actions to address the impact of COVID-19 on the business, accelerating the Boots Transformation Plan. The plan includes a reorganisation of the...

Frogspark become creative partners with local charity

Derby-based web design and marketing agency Frogspark has signed a deal with YMCA Derbyshire as their creative partner. The nationwide charity supports more than 220,000 children...

The Nottingham enters alliance with Belvoir Group and announces branch closures

The Nottingham has revealed a raft of changes as it enters into a strategic alliance with Belvoir Group PLC. The alliance will see the closure...

Related news

Permission granted for further 60-acre development at Derbyshire business park

Planning permission for a further 60-acre development at Dove Valley Park has been granted by the local authority. Phase one has already welcomed major names...

Go-ahead given for 300 homes and employment space on Derbyshire brownfield land

Harworth Group plc, a regenerator of land and property for development and investment, has received a resolution to grant planning consent for 300 new...

“Massive mistake” as letter reveals Leicester won’t receive financial support to help localised lockdown

A letter from Business Minister Nadhim Zahawi says there will be no special financial support from the Government for businesses in Leicester and the...

4,000 jobs to go at Boots

Boots has revealed actions to address the impact of COVID-19 on the business, accelerating the Boots Transformation Plan. The plan includes a reorganisation of the...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close