Partner Article

2011 reforms must put business on firmer footing

THE coalition Government has a once-in-a-lifetime opportunity to genuinely reform the country in business-like fashion during 2011, according to a North East business organisation.

The North East Chamber of Commerce (NECC) today publishes its 2011 Manifesto – Driving Sustainable Growth – in which it lays out three key themes the Government must embrace if the tough planned spending cuts are not to cripple the economy.

The document, which sets out NECC’s lobbying platforms for the year, calls for sage-guardingassets which are critical to maintaining the recovery; reforming areas of policy to bolster competitiveness of North East businesses and UK plc; and, investing in priority areas where this will unlock economic growth.

Martyn Pellew, NECC president, said: “There is a very real opportunity for the Government to seize the chance to make reforms which will create the best possible environment for business in the North East.

“We are facing public spending cuts on an unprecedented scale and with it we are seeing radical changes to the way we run affairs at a regional and local level.

“Without a strong focus on the way these reforms will support businesses to grow the economy, we face a potential vacuum that will damage the UK economy for years to come.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .