For sustainable and balanced economic growth we need to utilise the breadth and depth of resources across the UK. Only with continued investment in infrastructure, like HS2, the Northern Powerhouse and the road network, will regional growth increase.
Our research shows the most important mode of transport for small firms is by road, so they must be adequately maintained and invested in.
Devolution of certain powers to the Home Nations and within England will help to rebalance the economy.
Action FSB have taken
- To rebalance the economy we’re calling for more economic governance at the local level
- We’re lobbying for the delivery of different projects identified within the National Infrastructure Plan.
calling for the Government to develop and strengthen the emerging
growth-hubs and support the ongoing development of Local Enterprise
We want the Government’s economic and infrastructure plans to explicitly support every nation and region in the UK. In a global market, small firms across the UK must not be at a competitive disadvantage, because of their geographic location. Devolving more economic powers to the nations and local authorities will see small firms expand and grow.