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Inflation Fears Weigh On Markets; Uk Businesses Push For Closer Relations With Eu – Business Live

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Rolling coverage of the latest economic and financial news

Baroness Martha Lane Fox, president of the BCC, is urging politicians to focus on helping businesses:

“In the frenzy of the election campaign, it’s crucial that all politicians focus on the power of British business.

“As I travel across the UK meeting Chambers and their businesses, I hear amazing stories of people determined to grow their businesses and make a difference in our remarkable country. But time and again businesses tell me they want to see a long-term vision for the economy.”

An Industrial Strategy with green innovation at its heart.

Better skills planning, bringing businesses and training providers together.

Business rates reform to encourage growth and investment.

Improved relations with the European Union to cut the costs for business.

A Government appointed AI champion for SMEs to spearhead uptake of new technology.

“The EU is the UK’s biggest market, so we urgently need to get a better trading relationship with our closest neighbour. It’s not about rewriting the referendum result, it’s about cutting red-tape and promoting trade.

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