“Will the government finally listen and come up with a plan B for our economy?” asks Steve McCabe MP

A report published today by Lord Heseltine calls for action to stimulate growth and says that people think the UK ‘does not have a strategy for growth and wealth creation’.

 

Commenting on Lord Heseltine’s report published today, Steve McCabe has called for the government to come up with a plan B for the economy that will encourage better growth and job creation.

 

Lord Heseltine’s review makes 89 recommendations to help industry, with one of its key aims sees moving £49 billion from central government to the regions to help local leaders and businesses. Lord Heseltine wants to see a move away from a range of national schemes and instead encourage partnerships between local councils and chambers of commerce to spend the money on their own initiatives. 

 

Also amongst his 89 recommendations Lord Heseltine has proposed making business studies an official part of the school curriculum, and giving local employers at least two guaranteed seats on the governing body of every secondary school.

 

Steve said:

“Even Michael Heseltine says the Government isn’t doing enough to promote growth. How many more reports will it take before the Government starts listening to people?

“Despite the national trend, here in the West Midlands unemployment is still rising as it is in several other regions outside the south east. I am encouraged by some of the recommendations of Lord Heseltine’s report and support his call to devolve money and decision making to the regions to allow them to make more intelligent strategies for jobs and growth.

“I agree that there should be a much greater relationship between schools and local business, both can benefit from a positive relationship.

“In my constituency of Birmingham Selly Oak I have been working on the idea of a compact between local schools and businesses and am working with the Lifford Business Association to take this idea to the next stage. “

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