BCC: keep spending to help businesses

THE government should protect spending on transport and press ahead with a superfast broadband network even as it makes swingeing cuts, the British Chambers of Commerce (BCC) has said.

In a submission to the Treasury ahead of the comprehensive spending review (CSR) next week, the BCC said the government should prioritise public spending that supports growth in the private sector. It also called for a hike in Britain’s trade promotion budget in a bid to boost exports.

“Businesses recognise the restraints that the government is operating under, but by focusing on a pro-growth agenda the CSR can act as a catalyst for private sector investment and growth,” said David Frost, director-general of the BCC.