Gareth Osborne, Director General of APA gave the following
thoughts on the Queen’s Speech. He said, ‘The proposed review of funding for
business could offer some hope that there may be more financial support
available on the horizon. The Speech did reveal a new Banking Reform Bill, to
be published in June, which will possibly see a loosening of red tape for customers;
hopefully individual and business alike.”
“Employment legislation is still applied too tightly in the UK
He added: “Parental leave measures, which give parents more
flexibility makes great sense and will allow them to determine how they use
their allowances. However, the government should be careful not to use this as
an opportunity to increase levels of leave. Sharing the allowance is fine, but
putting heavier burdens on business in these tough times would cause severe
difficulty.’
Overall, Osborne believes the government is right to place
deficit reduction and economic stability at the forefront of their programme,
but he adds, ‘We need to see measures pursued enthusiastically in practice, not
just in principle to restore business (and employment) confidence.”
APA
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