The Suffolk Chamber of Commerce says the UK’s narrow avoidance of a triple dip recession, shows more needs to be done to support construction and our roads including the A14.
“The fact that the UK economy avoided negative growth is encouraging and will boost confidence,” said John Dugmore, the Chief Executive of Suffolk Chamber of Commerce.
“These latest economic figures show that more must be done to support construction, which is why Chambers across the UK have consistently advocated more house building and immediate action to maintain our roads – including the A14.
“While the Government could claim this as a minor win, it means little when looking at the bigger economic picture. Growth is still unacceptably weak, and will remain so without radical measures to get the economy moving.
“While we still believe that the Government should stick to its current fiscal reduction plan, there is a need for a more promising growth strategy.
“We know that businesses are determined and ambitious, and want to drive growth in the face of significant economic headwinds, but they can’t do this alone.
“The Government must consider a significant shift in priorities to boost growth within the existing spending envelope, by allocating more current spending towards capital investment over the next few years.”