New government must recognise the challenges | News and Insights | LCCI - LCCI
1 / 3
News Flash
    1/3Bank of England cuts interest ratesBank of England cuts interest ratesRead more
    2/3Immediate Budget reaction expresses concern about the effect of the budget on businesses.Immediate Budget reaction expresses concern about the effect of the budget on businesses.Read more
    3/3The Government must implement pro-business measuresThe Government must implement pro-business measuresRead more
London Chamber of Commerce and IndustryLondon Chamber of Commerce and Industry
Contact Us

New government must recognise the challenges faced by British businesses

Thursday 7 July 2022

Richard Burge, Chief Executive of the London Chamber of Commerce and Industry (LCCI), said:

“London's business community, and indeed the whole of the UK's economy, faces the most challenging operating environment for decades. What the country needs now more than ever is serious, stable government that is driven by the values that have traditionally made Britain a successful and globally admired country. Recently, our politics and too much of our policy has put British business at a tremendous disadvantage. For our economy to thrive, we need to see leadership that is committed to delivering economic growth and balanced prosperity.

"LCCI hope that a new government will recognise the challenges facing British business and focus on creating a better environment for growth. In particular, a government that moves away from higher corporate tax, reverses the decision to put up National Insurance and encourages investment in skills for the future.”

ENDS