Latest News

Hutton: enterprise and growth crucial to the UK's continued success

24/09/2007
On 20 September 2007 Chancellor Alistair Darling, Secretary of State for Business John Hutton and Competitiveness Minister Stephen Timms, met with 20 of the UK's most successful business owners to discuss what Government can do to further growth among Britain's businesses. The meeting at Number 11 Downing St is the first in a series of consultation events with business owners across the UK to kick-start work on a new enterprise framework.

Entrepreneurship plays a central part in the UK's economic success with small and medium enterprises employing 13.2 million people and contributing £369 billion to UK's economy every year. The entrepreneurs at the meeting were asked to consider what the Government can do to help small and medium enterprises take advantage of the new opportunities of increased globalisation and where they think public policy is supportive and where it is not.

John Hutton and Stephen Timms will be holding 14 meetings across the UK over the next two months. The debate will ask for views on: growth within UK business, global challenges and opportunities, supporting an environment for business growth, the role of enterprise as a tool for closing the gaps between regions and social groups, and encouraging individuals to be more enterprising.

For more information, for the list of entrepreneurs attending and the discussion paper tabled at the meeting, contact: Helen MacBain, press officer, BERR. Telephone: 020 7215 5974, 07717 513051, email: helen.macbain@berr.gsi.gov.uk.
External link