Responding to the Prime Minister’s speech in Downing Street this morning, John Dickie, Chief Executive at BusinessLDN, said:
“Whatever the outcome of events in Westminster over the summer, it’s vital that the new Prime Minister recommits to the Government’s central growth mission and swiftly delivers.
“That means fixing our economic fundamentals so that people start to feel better off.
“The Government has introduced some positive long-term reforms to boost the economy, including speeding up the planning system. Emergency measures to accelerate housebuilding in London are also a step in the right direction.
“But ministers now need to go further and faster to turn ambition into action. There are political challenges in delivering growth, but equally – as the local election results show – there are political challenges in failing to do so.”