UK firms need once-in-a-century measures to return to the fore

Friday 4 January 2013

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Bold action now from the government can help re-position UK companies at the forefront of global trade and commerce, a leading business expert has claimed.

John Longworth, director general of the British Chambers of Commerce (BCC), said urgency, scale, and delivery are the three things that the government must think about as we enter 2013.

"Business wants to see bold, once-in-a-century measures to drive recovery and enable British companies to go head-to-head with competitors across the world," he stated.

“We need a clear, agreed and long-term push to improve Britain’s business environment before we reach a point of no return."

The alternative could be decades of stagnation and further decline, Mr Longworth warned.

He claimed that businesses around the country have the talent and innovation to deliver, but they need additional public sector support in order to achieve their full potential.

"The government must adopt a belt and braces approach: support those businesses that are looking to venture into new markets by improving access to finance and reducing red tape," the BCC chief urged.

In addition, he called on the Con-Lib coalition to focus on the businessmen and women of the future, through a training system that increases the employability of the young.

"Otherwise it could be a case of too little, much too late," Mr Longworth said.

Posted by Dan Smith