Businesses react to Queen’s Speech

06 Jun 2014

Following the Queen’s Speech, business groups throughout the country have made their comments and recommendations for the future.

The British Chambers of Commerce (BCC) director, John Longworth, said: ‘Businesses across Britain will be relieved to see that the Government has opted for a streamlined legislative programme, meaning ministers can devote more time to delivering the best possible environment for economic growth and enterprise’.

The Federation of Small Businesses (FSB) were happy to report on the first ever Small Businesses Bill set to benefit FSB members, describing it as ‘a significant piece of legislation that is, for the first time, specifically designed to address the needs of small businesses’.

FSB National Chairman, John Allan, said: ‘It included measures that we have pushed for in our discussions with Government and indeed all political parties over the last twelve months to help them support their growth ambitions – such as action on late payment terms for smaller suppliers and to beef up scrutiny of unnecessary regulation’.

Phil Orford, Chief Executive of the Forum of Private Business (FPB), said: ‘There is nothing overly ambitious for the businesses but the presence of a Small Business Bill will mean a number of smaller measures that could support enterprise. We need to await the real detail of the Bills clause by clause and will see what opportunities there are to push for even more pro-business reforms’.

Director General of the Institute of Directors (IOD), Simon Walker, also welcomed the Small Business, Enterprise and Employment Bill, ‘which will deliver necessary and overdue reforms’. Mr Walker made it clear that the task was now to translate the legislation into a clear vision for the future of both the country and Parliament.

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