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East Midlands Chamber News

Chamber Reacts To Queen’s Speech

Commenting on the main elements of the Queen's Speech to Parliament earlier today, Richard Wilkins, President of the Derbyshire and Nottinghamshire Chamber of Commerce, said: "The Queen's opening remarks today made it clear that the government's overriding priority is to reduce the UK's £156bn budget deficit, which will determine the success of several key aspects of its legislative agenda.

"The Chamber has long campaigned for a reduction in the unnecessary red tape and regulations being placed on firms and it is step in the right direction that the government has broadly chosen to avoid placing additional administrative burdens on wealth-creating businesses.

"With regard to the proposed Airport Economic Regulation Bill, anything which helps to improve the customer experience has to be a good thing and our local East Midlands Airport has an excellent long-standing reputation in this area. However, a main aim of this bill to increase the competitiveness of UK airports could be undermined by the government's proposed changes to aviation taxation.

"The Chamber will continue to seize every opportunity to influence new legislation that affects business."

For more information, click here to read the British Chambers of Commerce's bill-by-bill summary of the Queen's Speech.