Business News 09 Jan 2013

Business responds to Government's mid-term review

Business groups have given their responses to the Government's mid-term review, which reports on the progress made by the Government in implementing the Coalition agreement.

As part of the review, the Government has announced a new set of reforms, including plans to support working families with childcare costs, together with changes to the state pension system.

Responding to the review, the Confederation of British Industry acknowledged the Government's action on tackling the economic deficit, but warned that UK housing and infrastructure are being held back by the planning and procurement process.

The Forum of Private Business welcomed the Government's action on employment rights, but argued that more needs to be done to support businesses at ground level, and called for further measures to reduce the regulatory burden.

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