BCC Comments on PM Bloomberg Speech in New York
"Firms will welcome the Prime Minister’s message to the world that the UK is open for business. However, what our business communities need is concrete action, not just warm words.
“While the message was positive, corporation tax is far from the only concern facing Britain’s businesses and investors at this time. Companies want to see bold measures to boost the domestic business environment, and big incentives to support investment and build confidence. From the stuttering training system to poor digital connections and high upfront costs, there is much unfinished business on the home front for the government to address.
“Right now, businesses are looking to the government to deliver answers to the ongoing practical questions they have around Brexit, and to avoid a disorderly and messy exit from the EU. Reassurances that firms will still be able to attract the best and brightest talent after Brexit are good, but the government must remember that companies are facing skills gaps at every level. The Prime Minister must demonstrate that the government is listening and responding to business needs here at home when she takes to the stage in Birmingham next week.”