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Wednesday 5 December 2012

BCC urges chancellor to boost business growth

The British Chambers of Commerce has told the chancellor that he must put the economic health of the nation ahead of politics in his Autumn Statement.

George Osborne is expected to unveil more austerity measures in his half-yearly report to MPs today (December 5th), but the BCC believes that a boost in business growth is what the country needs.

John Longworth, director general of the BCC, said: "The chancellor's Autumn Statement must include tough decisions to prioritise growth, without adverse effects on the government's deficit reduction programme."

He added that companies across the UK have been looking for ways to grow and offer more jobs and the government still has work to do to support this.

Proposals from the BCC include reforming employee National Insurance Contributions for people who work beyond state pension age and reallocating any underspends from the Regional Growth Fund.

Mr Osborne is expected to give his speech at 12:30 GMT today.

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Posted by Nikki BarristerADNFCR-1617-ID-801500927-ADNFCR

Source: The Sales Executive News

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