Government should fix ‘stubbornly weak’ growth with policy test, industry body argues

cityam06-15

Reeves has struggled to get the economy growing. (Image: PA) The British Chambers of Commerce (BCC) is calling on the government to break decades of low economic growth by introducing a new delivery ...

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(Image: PA) The British Chambers of Commerce (BCC) is calling on the government to break decades of low economic growth by introducing a new delivery ...</p>\n\n<a href=\"https://www.cityam.com/government-should-fix-stubbornly-weak-growth-with-policy-test-industry-body-argues/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Government should fix ‘stubbornly weak’ growth with policy test, industry body argues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGovernment should fix ‘stubbornly weak’ growth with policy test, industry body argues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-15 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/government-should-fix-stubbornly-weak-growth-with-policy-test-industry-body-argues/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Reeves has struggled to get the economy growing. (Image: PA) The British Chambers of Commerce (BCC) is calling on the government to break decades of low economic growth by introducing a new delivery ...</p>\n\n<a href=\"https://www.cityam.com/government-should-fix-stubbornly-weak-growth-with-policy-test-industry-body-argues/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4104","symbol_name":"贸易公司与经销商","start_time":0,"source_url":"https://www.cityam.com/government-should-fix-stubbornly-weak-growth-with-policy-test-industry-body-argues/","article_id":"2643756462","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/01/reevesface.jpeg?w=286&h=161&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/government-should-fix-stubbornly-weak-growth-with-policy-test-industry-body-argues/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643756462","pubTimestamp":1781506209,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Reeves has struggled to get the economy growing.  The British Chambers of Commerce  is calling on the government to break decades of low economic growth by introducing a new delivery test, as businesses continue to slash investment under the burden of mounting costs.In the BCC diagnoses, the UK’s growth problem is not a lack of potential but a failure to turn potential into action.“The UK has the ingredients of growth already in place: resilient firms, strong private sector balance sheets, high levels of innovation, deep pools of capital, and a globally respected business brand,” it states.The report also warns that firms have “not lost ambition” but instead “lost confidence that the economic environment rewards it”.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4104":"贸易公司与经销商","BCC":"Boise Cascade L.L.C.","BK4567":"ESG概念"},"translate_title":"行业机构认为，政府应通过政策测试来解决“顽固疲软”的增长问题","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BCC":1},"content_text":"Reeves has struggled to get the economy growing. (Image: PA) The British Chambers of Commerce (BCC) is calling on the government to break decades of low economic growth by introducing a new delivery test, as businesses continue to slash investment under the burden of mounting costs.In the BCC diagnoses, the UK’s growth problem is not a lack of potential but a failure to turn potential into action.“The UK has the ingredients of growth already in place: resilient firms, strong private sector balance sheets, high levels of innovation, deep pools of capital, and a globally respected business brand,” it states.The report also warns that firms have “not lost ambition” but instead “lost confidence that the economic environment rewards it”.\n\nThe BCC’s proposal for a Growth Delivery Test calls for policymakers to introduce a prior test to ensure any new policy will actually change business behaviour instead of evaluating it following implementation.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe latest intervention comes after businesses have operated in a bruising environment for the last few years, with policies such as the employer’s national insurance raid and Employment Rights Bill hammering firms.Costs and skills shortages amid litany of business pressuresFigures last week showed the UK economy contracted 0.1 per cent in April as the energy price shock from the Iran war took its toll on businesses and consumers.In the first quarter of 2026, just a fifth of firms increased investment plans whilst the rest held steady or slashed investment, according to the BCC. Meanwhile, labour costs (at 73 per cent) and taxation (at 54 per cent) remained the top cost pressures.\n\n“Our businesses are innovative, ambitious and resilient. But after years of rising costs, skills shortages, regulatory pressure and economic uncertainty, too many now believe the risks of growth outweigh the rewards,” Andy Haldane, economist and president of the BCC, said. In the report, more than two-thirds of firms said better access to skills would be the biggest factor to directly support growth in their business. “Growth depends on businesses choosing to invest, hire, train, adopt new technologies, enter new markets and scale,” Haldane said.“If too few firms make those choices, economic growth will remain stubbornly weak”.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643756462","isCrawlerRequest":true}