BCC reaction to Labour Party manifesto

Commenting on Labour’s manifesto and the policies proposed, Dr Adam Marshall, Executive Director of the British Chambers of Commerce said:

“Businesses will be encouraged by a number of the policy propositions in the Labour Party manifesto, notably around investment, access to finance, and training. Firms will welcome the clearer commitment to fiscal responsibility and deficit reduction that features prominently in Labour’s manifesto.

“However, future business success also relies on a supportive tax and regulatory regime. Some of the Labour Party’s tax and regulatory proposals would dissuade enterprise, aspiration, and business growth – and need to be re-thought.

“Above all, businesses tell us they want all political parties to put the long-term national interest above short-term electoral interest. Sound and deliverable policies will be our litmus test for any incoming government, whatever its political colour.”