The British Chambers of Commerce (BCC) has outlined the key business priorities for whoever is successful in the upcoming General Election in their 2020 and Beyond: Business Priorities for the Next UK Government report.

The priorities have been compiled with input from the 53 accredited Chambers of Commerce across the UK and the BCC’s global network. The report sets out the key priorities that would enable businesses of all sizes to restore the country’s stagnating economy.

BCC Director General, Dr Adam Marshall, said: “The message from business communities all over the UK couldn’t be clearer: the next government must deliver an end to the Brexit stalemate and take decisive steps to improve the business environment here at home.

“We cannot afford to allow our infrastructure to fray, for the gaping holes in our training and skills system to go unfilled, or for governments to pile on new costs that stop firms from investing in growth.

“Our proposals would help an incoming administration reignite business confidence and investment – and would pay lasting dividends for our communities and the UK economy.”

The Key priorities for the next administration start with Brexit, the BCC suggest to ensure the smoothest possible shift from a transition period to the future UK-European Union relationship. Also to introduce a temporary SME Brexit tax credit to support businesses that need to undertake specific activity to adjust to changes in trading conditions.

In agreement with the newly launched Herefordshire & Worcestershire Salary & Benefits Report 2019-20, the BCC also recognise skills as a key area for concern and a threat to the UK economy. The BCC say a new Government should look at increased funding for apprenticeships to ensure SMEs can access training at all skill levels, in their local area.

Any administration that is successful should also have infrastructure high on its list of priorities. The Business Priorities report also recommends raising public investment in infrastructure to at least 1.4 per cent of GDP per year.

Other potential important issues to consider relate to people, business investment and costs, and international trade.

If we want business to thrive and take on the risks needed to help solve the number of issues identified, then the right conditions should be put into place by the next UK government.

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