UK businesses organisations are urging the future Government to be far more proactive in helping firms to adjust to changes in the global economy. The Confederation of British Industry wants the next government to deliver a programme of targeted subsidies. The purpose: to help firms adopt new technologies. Meanwhile, the British Chambers of Commerce (BCC) has called for the appointment of an ‘AI champion’ to mastermind the uptake of new technologies among SMEs. The Director of policy at the BCC, said this will require “long-term buy-in from our politicians.”
iBOSS Comment:
This is indeed a matter of vital importance for the future of the UK economy. It is essential that businesses thrive and that our exports grow. The objective: to reduce the current balance of trade deficit. This is the only real long-term solution to release all the extra finance needed to achieve all that the politicians are currently talking of funding. All they currently appear to be contemplating is simply ‘shuffling the deckchairs on the Titanic’. One hopes that both politicians and the UK media will pay serious attention to this. If you need help and advice on growing your business call Phil on 07876 503830. Alternatively complete the enquiry form on our web site.