The Live Wire



Press Release

Food and Drink Federation response to the autumn statement

29 November 2011

FDF Director of Communications Terry Jones said:

"At first glance this looks like a pro-business autumn statement with a clear focus on growth.

SMEs have repeatedly highlighted their concerns about accessing finance and we are pleased to hear the proposals for credit easing that should enable many of our small businesses to expand, pursue new export markets and create jobs.

"The move to remove much unnecessary red tape is likely to be welcomed by the industry and we await details of where this will apply. Our members have been particularly concerned about increasing regulation on employment, so plans to exempt small employers could potential give them the confidence to consider creating new jobs.

"We are already pushed to the hilt on commodity prices and escalating energy charges so the freeze on fuel duty will ease difficult operating conditions for the industry."



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