max temp: 12°C

min temp: 3°C

ESTD 1874 Search

Suffolk: Chamber members told of continuing need for investment

08:20 29 April 2014

Adam Marshall, director of policy and external affairs at the British Chambers of Commerce, addressed members of Suffolk Chamber at Newmarket Racecourse.

Adam Marshall, director of policy and external affairs at the British Chambers of Commerce, addressed members of Suffolk Chamber at Newmarket Racecourse.


Investment in areas includinig skills and infratructure is still required to make Britain’s economic recovery more secure, Suffolk business leaders have been warned.


Speaking at a networking event at Newmarket Racecourse, Adam Marshall, director of policy and external affairs at the British Chambers of Commerce, told members of Suffolk Chamber that uncertainty remained a threat to business.

“There is no doubt that we are seeing broad-based improvement in the economy and business confidence is at record levels, but it is important that this good growth moves to great growth and for this to happen we need to see a step change from Government,” said Dr Marshall.

“For this to be a reality there remains a great structural challenge. Businesses in Suffolk and across the UK continue to tell us about the skills gap being experienced when looking to take on new staff. We also need to see year-on-year investment in infrastructure in roads and rail.”

And he added: “In the next 12 months we will see a vote on Scottish independence, we will have a General Election and then a potential referendum on membership of the EU.

“We are all passionate about ensuring the voice of business is heard in during these major events but whatever the outcome, if a period of uncertainty occurs it will not be good for business.”

Peter Funnell, president of Suffolk Chamber, said: “Adam always brings experience and knowledge of what business and Government is thinking.” said Dr Peter Funnell, the President of Suffolk Chamber. “It is good to hear from him that our experience of broad based improvements in the economy is being felt elsewhere. It is important that we do move to great growth and for this to happen there does need to be investment and there does need to be certainty.”



Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

A file picture of the Sanofi factory in Haverhill.

More than 50 jobs are to be axed at the Haverhill site of pharmaceutical group Sanofi.

Georgi Rollings, left, and Emma Lawrence of Starfish Accounting.

An Ipswich based provider of online company secretarial software has reached the landmark milestone of having 10,000 users.

Robert Hughes, managing director of Hughes Electrical, and Andy Yallop, store manager, at the company's new branch in Bury St Edmunds.

Hughes Electrical has opened the doors of its new store in Bury St Edmunds following a £200,000 investment which has also created six new jobs, doubling the size of its workforce in the town.

Barclays has been fined £72m by the Financial Conduct Authority.
Photo: Jonathan Brady/PA Wire

Banking giant Barclays has been fined £72million by the City watchdog for failing to handle potential financial crime risks relating to a £1.88billion transaction for ultra high-net-worth clients.

Members of the Suffolk Chamber of Commerce team outside the chamber's offices at Felaw Maltings in Ipswich.

Suffolk Chamber of Commerce is among the nominees in two categories of the British Chambers of Commerce Awards, which are due to be announced at a ceremony in central London tonight.

Ipswich council leader David Ellesmere at the former sugar beet factory site off Sproughton Road.

A new Enterprize Zone involving 10 development sites across East Anglia, with the potential to create 18,500 jobs, was announced by Chancellor George Osborne today.

Natalie Moloney, of Woodbridge events firm Pink Lemonade Productions.

An entrepreneur is up for a fifth business award since her event planning company launched last year.

The Chancellor of the Exchequer, George Osborne, delivering his joint Autumn Statement and Spending Review to MPs in the House of Commons
Photo: PA Wire

The Chancellor’s Autumn Statement and Comprehensive Spending Review today divided opinion between unions employers.

Tony Willson, managing director of Helmsman Services.

Colchester-based training specialist Helmsman Services has secured the largest contract in its 17 year history, for its construction-specific e-learning health and safety courses.

Thomas Cook has reported its first annual profit for five years.

The boss of holiday firm Thomas Cook said yesterday that disruption experience since the deadly terrorist attacks in Tunisia, Egypt and Paris was “unprecedented” in his 30-year career.

Most read

Most commented

Topic pages

Local business directory

Our trusted business finder

Property search

e.g. Oxford or NW3
Powered by Zoopla

Digital Edition

Read the East Anglian Daily Times e-edition today E-edition

Great British Life

Great British Life
MyDate24 MyPhotos24