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Business continues to wait for levelling up policies

KPMG’s Head of Regions, Chris Hearld comments on the Prime Minister’s levelling up speech

KPMG’s Head of Regions, Chris Hearld comments on the Prime Minister’s levelling up speech

Commenting on the Prime Minister’s levelling up speech today, KPMG’s Head of Regions, Chris Hearld said:

“The Prime Minister is right to stress that levelling up is a win-win. Creating the conditions for productive economic growth in the UK’s regions, to act as a counter-balance to London and the South East will indeed benefit the whole country.

“But achieving this is a long term, structural mission that needs comprehensive place-based policy commitments, encompassing skills, innovation, focused investment on growth sectors, leveraging engaged and powerful devolved regional government.

“Business is the driver of employment and prosperity across the country but continues to wait for policies designed to encourage long term investment and productivity in areas that have underperformed for many years, holding the UK back from its potential.”

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For media enquiries:

Alison Anderson, Corporate Communications, KPMG

T: +44 (0)113 254 2980 / 07733 453 065

E: alison.anderson@kpmg.co.uk

KPMG Press Office

Tel:  +44 (0) 207 694 8773

Follow us on twitter: @kpmguk @chris_hearld

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 16,000 partners and staff.  The UK firm recorded a revenue of £2.3 billion in the year ended 30 September 2020.

KPMG is a global organisation of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.