Boosting business growth a ‘priority’ to avoid Eurozone slowdown
News Article - 16 January 2012
Category:
Business
The United Kingdom has the "talent and energy" to avoid becoming
embroiled in the "inevitable slowdown" of the Eurozone economy,
according to John Longworth, director general of the British Chambers of
Commerce (BCC).
Mr Longworth has however intimated business growth across the UK
should be made a priority to ensure the nation can "lead on the
international stage".
He said: "In the face of economic concerns, and the debt crisis
in Europe, businesses across Britain, large and small, are busting
a gut to find new markets and grow their firms.
"That's why we all have to recognise that business is a force
for good. It is at the centre of the economy, and it is only
business that can create recovery and deliver all the good things
we want, like education, healthcare and pensions."
The Government is also calling upon rural areas of the country
to support the regrowth of the UK economy.
Rural Growth Networks are also being set up to support
countryside businesses and the rural economy in a £15 million
pilot project that seeks to help small and medium-sized enterprises
(SMEs) overcome any barrier to growth, be it poor infrastructure or
technology facilities.
These rural networks will be situated at various underused
business parks, brownfield sites or sites that already have the
green light for commercial and industrial development, in an effort
to unlock the potential of rural areas for the national
economy.
Longworth added: "We must build an enterprise culture in Britain
and help people to employ themselves so that one-day they will
employ others.
"Politicians have shown a level of resolve and determination to
help business succeed this year. However, they have been nowhere
near radical enough and have not been able to tackle the culture
that deems business and wealth creation as negative."
Article keywords:
bcc, chamers of commerce
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