Boost market now

Derbyshire firms are creating jobs – but the Government must do more to help demand, says Derbyshire and Nottinghamshire Chamber of Commerce’s George Cowchwer.

“Despite growth slowing in the domestic and export markets, local firms are creating more jobs than in previous quarters. Small and medium sized engineering companies supplying global manufacturing companies in the region are driving the growth in employment.

“Domestic demand overall is still sluggish with a majority of businesses feeling that the UK economy is in recession.

“The Government has made major policy announcements, but has been very slow in implementing real change – for example, the slow roll-out of the Regional Growth Fund designed to stimulate business growth.

“Ministers need to realise that the Government is still a major purchaser, a maker of markets and the guardian of Britain’s infrastructure and skills policies and unless it acts boldly to discharge those responsibilities rather than tinkering around at the margins, UK business won’t be able to deliver to its full potential.”