Chamber reaction to today’s Queen’s Speech
Commenting on the Bills announced in the Queen’s Speech today, Paul Griffiths, Chief Executive of Northamptonshire Chamber, said:
“We are pleased that the Government is prioritising a reduction in the budget deficit – and that it has broadly chosen to avoid placing additional regulatory burdens on wealth-creating businesses.
The Chamber is extremely pleased that the new coalition is making good on its roll-back of the National Insurance Contributions "jobs tax", so employers will be spared any extra cost on hiring new staff. We also welcome the moves to allow business to play a greater in shaping local and regional economies, and the commitment to extend high speed broadband.
However, we are concerned about some of the Government's decisions regarding the reform of the planning system. Business value certainty and speed in this area, and will be extremely disappointed with the coalition's plan to abolish the Infrastructure Planning Commission. Equally, as a county bound for regeneration, development and jobs growth, the Chamber has real concerns over any proposals that further restrict businesses’ ability to get job-creating applications through the planning system. Only a faster, simpler planning system, with economic growth as its key goal, will do.
Mr Griffiths added: "Over the coming weeks, we will be judging the Government’s performance against the delivery of a clear plan to enable business growth. It must now focus on measures that enable private-sector growth, which will return the British economy to health.”
To read a summary of the business relevant elements of the Queen's Speech click here.
Posted by: Northamptonshire Chamber