FOR IMMEDIATE RELEASE
Theresa May’s first Queen’s speech has been given a 6 out of 10 by the Forum of Private Business.
Commenting after the speech, Managing Director of the Forum, Ian Cass, said: “Quite rightly it talked first about the economy and the importance of clear communication regarding the Brexit negotiations to ensure business confidence.
“She also highlighted the government’s commitment to ensuring investment and growth as well as the implementation of an Industrial Strategy.
“We hope the strategy displays an understanding of, and some measures aimed at, helping small and microbusiness, which the Forum have been active in seeking.”
Ian Cass also made reference to infrastructure projects, adding that “High Speed Rail and improved infrastructure is also to be welcomed, particularly if it links the more remote parts of the UK and helps meet the Forums hopes for a more balanced UK economy.”
However, Ian Cass urged caution, particularly in relation to workers rights and regulations.
He said: “We hope that the government gets this regulation right, as we already know the government’s own independent regulatory policy committee reviewed 318 regulation submissions in 2016, and rejected 28% of them.”
“While the Forum and its members welcome good regulation, poorly thought out or inappropriate regulation places a burden on small and micro businesses, so they need to get this right. We therefore encourage the government to consult thoroughly on these measures specifically.”
About Forum of Private Business
The Forum of Private Business is a not-for-profit comprehensive business support organisation founded in 1977. Our membership is spread throughout the UK and primarily made up of companies that employ between 1-50 employees, helping them to manage employees, saving time, giving advice, support and protection where a business needs it.
We are a recognised leading authority on business issues and represent the interests of business owners on many consultative bodies. We have built a solid reputation, being influential in many areas of policy-making, in changing laws that affect small businesses, and we continue to campaign for the fair treatment of businesses within the UK.
Everything we do is about making sure our members’ businesses operate profitably. This means that every penny we make goes back in to supporting our members, providing the support and resources that will enable businesses to flourish and grow.
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