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Scots Chambers of Commerce Sets Out 15-point Plan for Next UK Gov

Thom Carter

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scc scottish chambers of commerce sets out 15 point plan for next uk gov
“The country succeeds when business succeeds,” said Dr Liz Cameron CBE, director and chief executive of the SCC.

The Scottish Chambers of Commerce (SCC) is calling on all main political parties in the UK General Election to prioritise economic growth and job creation.

The SCC, which represents 12,000 businesses across all sectors, has published a 15-point action plan for the next UK government to achieve this.

It wants Westminster to establish a Joint Economic Growth Board—a partnership between business and government—within their first 100 days in office to oversee a programme of pro-enterprise and pro-growth policies.

Key priorities include a commitment to no new taxes or levies on business for the lifetime of the next parliament, investing in a Green Industrial Strategy, boosting global trade, developing a skilled workforce, and a detailed and just transition plan for the oil and gas sector.

Dr Liz Cameron CBE, director and chief executive of the SCC, said: “The country succeeds when business succeeds. That’s why we are urging the next UK government to work closely with the business community to deliver pro-growth policies to turbo-charge investment, innovation, and job creation.

“The economy is a top three issue for UK voters and the 12,0000 companies we represent are the drivers of economic growth and employ millions of people. We are calling for a clear focus on resolving the issues holding our economy back and stopping investment in jobs.

“Our 15-point policy plan means the next UK government can get to work on day one and give our members and our employees the confidence that the government backs business.”

The SCC wants the next UK government to increase business growth by:

  1. Committing to no new UK taxes or levies on business for the lifetime of the next parliament.
  2. Cutting the VAT rate for hospitality, leisure, and tourism sectors to boost spending, stimulate demand, and support footfall in towns and cities.
  3. Reducing alcohol duty to ensure the flagship industry is competitive, supported to grow, export, and create jobs.
  4. Restoring an internationally competitive, tax-free shopping incentive for overseas visitors.
  5. Investing in new and existing innovation districts across Scotland’s cities as part of a new Industrial Strategy.

Accelerate investment by:

  1. Introducing a Green Industrial Strategy to drive investment through incentives, green skills and enable technologies such as sustainable aviation fuel and Carbon Capture & Storage.
  2. Implementing the Union Connectivity Review by boosting air and rail links between UK nations and regions.
  3. Instilling confidence and unlocking investment in the oil and gas sector by committing to maintain investment allowances and future exploration, as well as considering ending the Windfall Tax.
  4. Creating a detailed and just transition plan to net zero for the oil and gas sector, to protect jobs and investment as well as ensure energy security as we move to new sources of energy.
  5. Funding the futureproofing of Scotland’s towns and cities, by investing in their resilience, growth, regeneration, and attractiveness to citizens, businesses, visitors, and investors.

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Boost global trade by:

  1. Increasing exports by growing the number of exporting SMEs and improving access to the EU—the UK’s largest trading partner.
  2. Prioritising and investing in air routes of strategic importance, including exporting and tourism routes.

Prioritise people and talent by:

  1. Helping people transition successfully from Universal Credit into work, by increasing taper relief, boosting uptake of bootcamps, and providing high quality careers advice for job seekers, returners, and career changers.
  2. Developing a skilled migration strategy to attract international talent, including tailoring for Scotland’s skills and working population needs.
  3. Recognising the value of international students and retain the post-study visa, ensuring the UK is competitive with global higher education hubs.

Dr Cameron added: “Our members are clear that a Joint Economic Growth Board where business and UK government work in a meaningful, constructive partnership can unlock growth and help support struggling sectors. Each of those policy priorities can go a long way to deliver a strong platform for sustained growth and employment.”

Thom Carter

Staff Writer, DIGIT

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