Mandelson outlines vision for UK enterprise
Submit Articles Back to Articles
Released 23 Oct 2008
Regional Development Agencies (RDAs) are best placed to "lead and help to
develop innovative thinking and the solutions business need" Peter Mandelson
will today say.
Business Secretary Peter Mandelson will be addressing the Northern
Regeneration and Renewal Summit in Manchester.
He will praise the role of the RDAs in delivering the Government's economic
policy, and the 'Solutions for Business' package of business support (BSSP).
He will argue that the RDAs are defining the direction for the regional
economies and through their support and investment in business, traditional
industries can become world leaders in advance manufacturing.
He will also welcome the coordinated European wide interest rate cut and
outline what the government is doing to help small businesses whilst calling for
stronger measures to stabilise the financial markets.
Peter Mandelson said:
"For me, the role of Regional Development Agencies will be crucial in this
process. Led by business, working in partnership with Local Authorities,
universities and others, they are the key economic co-ordination body in each
region. Not just for the North, but for the country as a whole.
"The mandate is clear: to ensure that every hardworking business, in every
region of the country has the necessary advice and support to help them not just
to survive but also to succeed in the difficult times ahead."
Peter Mandelson will go on to speak of "the proud industrial heritage of the
North West" which has seen its economy grow by 21 per cent since 1997. He will
also say more can be done to ensure that the North can better use its unique
assets to compete on the world stage.
1. The Business Support Simplification Programme (BSSP) was
announced during the Budget 2006 to reduce the number of publicly funded
business support schemes from over 3,000 to less than 100 by 2010.
2. The Department for Business Enterprise and Regulatory Reform
helps UK business succeeds in an increasingly competitive world. It promotes
business growth and a strong enterprise economy, leads the better regulation
agenda and champions free and fair markets. It is the shareholder in a number of
Government-owned assets and it works to secure, clean and competitively priced
About the Author
© Crown Copyright. Material taken from the BERR- Department
for Business, Enterprise and Regulatory Reform replacing DTI - Department for
Trade and Industry. Reproduced under the terms and conditions of the Click-Use
Follow us @Scopulus_News
Article Published/Sorted/Amended on Scopulus 2008-10-24 18:37:12 in Business Articles