Businesses can look forward to 2014 with optimism following a year of sustained growth in the local and national economy, according to the president of Derbyshire, Nottinghamshire and Leicestershire Chambers of Commerce.
In his Christmas and New Year message, Tim Parker said that although challenges remained, the economy had progressed well in 2013.
“From business responses to our Quarterly Economic Survey, it is clear we are in a much healthier position now than we were 12 months ago, when businesses reported low levels of activity and a dubious outlook for the coming months,” Mr Parker said.
“Now, businesses of all sizes and from all sectors are telling us they’re experiencing uplift in sales and activity and have greater confidence this will continue into the New Year.”
However, Mr Parker warned that the growth was not yet secure, and said that while the Coalition Government had announced numerous measures intended to support business, they were yet to see the decisive policies which would have a meaningful impact.
He continued: “Business rates provide a good example of an area where the Government has tinkered around the edges, using the Autumn Statement to announce a two per cent cap, as opposed to delivering the real reform of this iniquitous and unfair system we have called upon them to do.
“Despite measures announced, businesses still report to us issues in accessing finance, getting tangled up in restrictive red tape and being unable to recruit staff with the right skills and attributes.
“All of these act to hinder growth. 2014 is the year where business needs to see Government policy deliver for business.”