The EEF has suggested that the government should prioritize finding ways to jump-start economic recovery in the UK rather than focussing on reducing the deficit.
Of the 350 companies surveyed, almost 80% felt that new measures to accelerate growth should be our priority, while 40% also felt that the government should push eurozone leaders to resolve the debt crisis sooner.
The EEF has urged the government to focus policy in 4 main areas:
- Lowering costs of running businesses in the UK,
- Creating a more flexible labour market,
- Make it easier for companies to bring products and services to market.
- Helping growing businesses to focus on exporting.