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| Govt urged to do more to encourage job creation |
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| Latest Recruitment News - HR and Recruitment Legislation News |
| Written by DirectNews Feed |
| Wednesday, 23 November 2011 00:00 |
 The government needs to do more to encourage more permanent recruitment in central London in its Autumn Statement.That is according to the Federation of Small Businesses (FSB), which has called on the Conservative-Liberal Democrat alliance to focus on encouraging long-term growth in the employment sector, while also continuing to cut red tape. Next week, chancellor George Osborne is set to announce the administration's plans for the coming months and the FSB believes he needs to take several measures towards restoring confidence in the country's jobs market. For instance, one of the major problems facing smaller companies wishing to expand in the aftermath of the global economic downturn is the perceived lack of capital being made available to them from banks and building societies. With this in mind, the group has urged the government to consider implementing recommendations put forward by the Independent Commission on Banking recently that would help increase competition in this sector. Furthermore, the FSB wants the coalition to implement bolder steps towards helping the employment market recover in the longer term, while also removing several barriers currently in place to enterprise. In addition, simplifying the tax regime faced by these organisations should also be a priority. John Walker, national chairman of the FSB, observed that the ongoing eurozone crisis is playing a major role in contributing to "instability and uncertainty" in the UK, but insisted there are definitely still measures the government can take to "foster business confidence". "The Autumn Statement must bring in measures to address the longer-term structural issues which are holding back enterprise and job creation," he added. Recently, the Institute of Directors urged the administration to postpone its plans to implement auto-enrolment pensions for another two years until 2014 on the basis this would harm companies' attempts to expand effectively in the wake of the recession. Posted by James Strang 
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