In advance of the Chancellor’s Autumn Statement, Simon Collins, UK Chairman of KPMG, commented:
“I have four items on my Autumn Statement wish list for UK business:
“Exports are vital to the long-term, sustainable growth of UK business. To support UK exports, I would like to see a package of measures, including improving visa rules; continued focus by UKTI on international trade, including ministerial trade missions, and further extending of help to medium-sized businesses.
“Our clients tell us consistently that infrastructure is a major business concern, impeding access to markets and their ability to attract talent. Government needs to create a rapid, more ‘can do’ approach to infrastructure through planning and investment.
“More contentiously, I believe regulation is an area we need to address. As business demonstrates its own improved governance and values, the government also needs to help ease the regulatory burden and cost of bureaucracy. If we don’t calibrate regulation in this way, we risk stifling nascent growth.
“Mobility and talent is rising up the boardroom agenda as business struggles either to attract the right people, across all levels, or accommodate international talent. People underpin everything in UK business: whether this is creative thinkers in tech hubs such as Bristol, consultants in services businesses such as our own, or farm workers in East Anglia. The government needs to support an environment which enables business to employ the right talent and allow movement of workers, both within the UK and globally.”
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Sorrelle Cooper, UK Head of the Press Office
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.