Why Business is Good for Britain and St Helens
Posted by Sue Waller on Friday 9 March 2012
A new campaign by the British Chambers of Commerce (BCC) is getting people talking about business and why it is ‘Good for Britain’.
In the current economic climate, the importance of a thriving private sector to the UK’s prosperity has never been more important. Unfortunately, the economic downturn has painted business in a negative light in some quarters, mainly due to the perceptions of the banking industry and bonus culture.
However, business is at the very heart of local communities, creating the wealth that helps them thrive. Politicians and civil servants spend the money, but they do not create it and while the public sector has a vital role to play, the private sector is the real engine of economic growth.
We have a lot of great firms in St Helens doing their utmost to find new markets and grow their firms, despite difficult trading conditions. Government thinks job creation should be a high priority for UK businesses; however businesses need the government to do more to create the best possible environment to allow firms to grow. Cutting burdensome red tape, implementing its promised credit easing measures and scrapping the proposed 5.6% business rate rise would give companies the confidence they need to take on more staff.
We await the Chancellor’s Budget on 21st March to see what measures can stimulate business growth.
There is a clear need to rebuild confidence among businesses by highlighting the contribution of the UK’s private sector to our national and local well-being. So let us celebrate the fact that business generates wealth and pays the taxes that help fund our public services. Only business can create the jobs that support local communities and local people.
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