Suffolk Chamber statement: King's Speech
“Whilst we will look for more detail in the days ahead, Suffolk Chamber of Commerce is broadly appreciative of those pieces of legislation in the King’s Speech that seek to enable stronger and more sustainable economic growth. As such this appears to be an early and strategic confirmation of what businesses are looking for in general terms: a long-term plan, backed by a clear role for Government in then allowing the private sector to do what it does best: generate wealth and employment.
“In particular, we welcome the intentions behind the Planning and Infrastructure Bill as long as it does indeed accelerate the delivery of high quality infrastructure projects such as Ely/Haughley Junctions, improvements to the strategic roads in the county and improved 4G and 5G connectivity, as well as housing, the Better Buses Bill as rural isolation in Suffolk and access to work and study, especially for our younger citizens is a major drag factor in boosting business investment and household incomes and the English Devolution Bill, as we believe that Suffolk has suffered for too long from the ‘Whitehall knows best’ philosophy, which has consistently resulted in unfair funding and missed opportunities. However, we are concerned that any new powers will be limited to metro mayors and combined authorities - once again putting Suffolk at a disadvantage.
“For similar reasons, Suffolk Chamber likes the intent behind the Great British Energy Bill given our county and region’s enormous existing strengths in the renewables sector. Noting that the proposed company will be headquartered in Scotland, we think it vital that it also has a presence here in Suffolk to ensure the needs of existing and prospective energy companies are not overlooked and investment opportunities are maximised.”