The British Chambers of Commerce (BCC) today publishes its Quarterly Economic Survey – the UK’s largest and most authoritative private sector business survey.
BCC response to Liberal Democrat manifesto
“The UK’s unfair business rates system - which hits firms hard before they turn over a single pound – is pushing many firms close to the edge, stalling investment and holding back growth. Any moves to reduce the burden would be welcome and should be shaped by businesses to deliver a fundamental reduction in their costs. All parties should commit to a fundamental review of business rates.
“Better childcare provision and more investment in skills training will also be welcomed by businesses – but must be designed to keep costs down for hard-pressed enterprises.
“Businesses would also welcome a greater say in decisions on planning and infrastructure in the areas where they operate, so that local policy meets the needs of employers and communities. On the national stage, significant investment in public transport, including HS2 and Northern Powerhouse Rail, will be good for growth – but additional capacity at Heathrow is also essential to help business connect internationally.
“Businesses want to be part of the solution to climate change and have much to gain from a transition to net-zero emissions. Action needs to be taken in partnership with the business community to develop credible and detailed plans that don’t imperil investment and growth.”