Business & economy cannot suffer from election fall-out

Posted on the 9 June 2017

Business & economy cannot suffer from election fall-out

Nigel Mills, Chairman of the Entrepreneurs’ Forum, has warned that business and the economy must not be impacted by the General Election result and subsequent political negotiations.

He said: “It’s essential that the result and fall-out from the election is not at the detriment of jobs, business and the economy. The new Government must not take any risksand must avoid tax rises that put unnecessary pressure on businesses.

“Instead, it should implement targeted spending in areas such as the North to support growing companies while backing devolution and the drive of those in the regions to deliver sustainable employment and economic success.

“It should also result in the implementation of a deal for devolved powers for the councils North of the Tyne and follow the lead of Tees Valley to have greater control of our own regional destiny.”