Government urged to avoid backtracking on high-speed rail plans
Thu 27 Jan 2011
The government has been told it must continue with plans to roll out a high-speed rail network, despite the negative economic growth in late 2010.
Figures from the Office for National Statistics revealed this week that between October and December last year, the economy contracted by 0.5 per cent.
According to the Birmingham Chamber of Commerce Group (BCCG), this means the government needs to continuing offering businesses "incentives to expand".
Will Rogers, policy adviser at BCCG, flagged up the planned high-speed rail network between London and Birmingham as one project that could help to fuel growth.
He said "world-class infrastructure" developments such as this would help to "rebalance the economy" and encourage companies to create jobs and wealth.
Mr Rogers added that reviewing policies on taxation, regulation and planning could also help to create a "more business-friendly" environment.
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