The self-employed are fundamental to improving UK productivity

IPSE has responded to speeches today (3 October) at the Conservative Party Conference from Chancellor of the Exchequer Philip Hammond MP and Greg Clark MP, Secretary of State for Business, Energy and Industrial Strategy.

In reaction to the Chancellor's speech Jordan Marshall, IPSE Policy Development Manager said:

"The self-employed will be absolutely fundamental to the UK improving its productivity as called for by the Chancellor. Independent professionals help businesses innovate and adapt to new challenges.

"IPSE welcomes the Chancellor's recommitment to the Northern Powerhouse agenda. Increased investment and better infrastructure links in northern cities will make the region a more attractive place to do business, and should help achieve the Government's aim of an economy that works for everyone."

In reaction to Greg Clark MP's speech:

"IPSE warmly welcomes the Minister's recognition that British businesses of all sizes are the 'heroes of Britain's economic revival'. The freelance community alone contributed £109 billion to the UK economy in 2015.

"IPSE looks forward to feeding into the review of employment practices launched by the Prime Minister and the Secretary of State. The world of work has changed dramatically in recent years and it is crucial that policy makers get to grips with it. The vast majority of people who work for themselves love what they do and the Government should remove obstacles for those people choosing to be their own boss. Everything, from the tax system to our employment regulations, has to be examined to ensure they better reflect the way an increasing number of people choose to work."

 

Finance, Productivity, Policy, Infrastructure

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