Filed under News updateFriday, 11 March 2011
The REC has today written to Chancellor of the Exchequer, George Osborne, urging him to ensure the Budget on March 23 is truly a 'Budget for Jobs' that supports employment growth throughout the UK.
The recommendations sent to the Chancellor focus on the REC Manifesto themes of creating the right economic climate, removing barriers to growth, and delivering opportunity and jobs. Among the measures the Government should implement are a National Insurance holiday of at least one year for every additional young person employed by an SME; avoiding business tax rises, including scrapping the planned NICs increase; going further and faster on the planned lowering of Corporation Tax; smoothing implementation of the Agency Workers Regulations via sensible guidance and avoiding further gold plating; and promoting flexible work as a bridge into employment by removing barriers in the benefits system.
Kevin Green, the REC’s Chief Executive, commented:
“Businesses around the country are anxiously awaiting this year's Budget, which must do all it can to create an environment where companies find it easy to grow and create jobs.
“While we have seen some good progress in the last year on the action points in the REC Manifesto, there is still much to do. Recruiters and businesses of all sizes are now looking for tangible signs that the Government is delivering its promised pro-enterprise, pro-growth agenda.
“Our members report that many private sector employers are hoping to take on additional staff, but the Government must take action to support this job creation. Initiatives such as avoiding tax increases on business, including the planned NICs increase, stimulating direct employment of young people via a National Insurance holiday for SMEs, and avoiding further gold plating of the Agency Worker Regulations will help deliver on the Government's promises, and set the scene for a strong private sector-led recovery.”
To download a copy of the REC's letter to the Chancellor, go to: http://www.rec.uk.com/_uploads/documents/rec-pre-budget-submission-11.03.11.pdf
Contact: Ed Sexton
Phone: 020 7009 2192