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Reaction to Tory employment policy announcement

11/11/08 | 11:24

The Conservative’s have proposed giving companies a £2,500 tax break for every new worker they take on who has been unemployed for more than three months.

Responding to the proposal, Director General of the British Chambers of Commerce, David Frost, said:

“With unemployment continuing to rise sharply, companies are not in a position to think about recruiting new staff right now. Businesses are shedding staff.

“Cashflow is of primary concern to businesses at the moment. This policy announcement would have been a valid welfare to work initiative in better times, but it is not a survival tool for small businesses during a severe downturn.”

Ends

Media Contact:

Sam Turvey
Tel: 020 7654 5813
Email: s.turvey@britishchambers.org.uk

Notes to Editors:

The British Chambers of Commerce (BCC) is the National Voice of Local Business.
The BCC sits at the heart of a powerful nationwide network of Accredited Chambers of Commerce serving business across the UK, which employ over five million people.

Other related links: Employment Policy
A flexible supply of skilled labour remains essential for business success. The British Chambers of Commerce’s Burdens Barometer 2007 found that the total cost of all additional Regulations on busi...; Government must ensure small businesses can access financial support during downturn
[05/11/08 14:10]

Ahead of next week’s first meeting of the new Small Business Finance Forum, which will address the financial issues affecting small businesses, the British Chambers of Commerce have released some of the key points it will be bringing to the table.

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