By Lea Pachta
Commenting on the Government’s economic growth strategy which was published this week, David Frost, Director General at the British Chambers of Commerce (BCC), said:
“The BCC welcomes Lord Mandelson’s clear statement that it will be business that is at the heart of the economic recovery. We now need to ensure that the initiatives announced today are supported by policies that stimulate enterprise, as any additional taxes on business will merely stunt growth.
“We are also encouraged by the understanding that we must put more emphasis on production. The UK has world class manufacturing companies, but we need more of them. It will no longer be the public sector and the consumer that drive the UK economy. It is now time for it to be rebalanced, with business, including high-tech and innovative manufacturers, playing a central role.”