According to the British Chambers of Commerce's (BCC's) submission to the Treasury ahead of its Comprehensive Spending Review (CSR), government funding investment could as a "catalyst" for further investment from the private sector.
David Frost, director general of the BCC, argued that spending needs to focus on delivering a "strong and competitive" UK business environment and supporting enterprise growth.
"Businesses recognise the restraints that the government is operating under, but by focusing on a pro-growth agenda the CSR can act as a catalyst. The government should use this as an opportunity to target funding on particular projects," Mr Frost added.
Earlier this month, the BCC said the country's sales recruitment organisations and other firms need the freedom and flexibility to create as many jobs as possible during the economic recovery.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News