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Discussion Brief Number 2/2012 Increasing productivity and supporting growth General Name of CPF Group Name of CPF Chairman Name of Constituency Number of people contributing to the discussion Please provide preferred contact details for the response SLCA - CPF Les Phillimore South Leicestershire 7+6 Date of Submission Data Sharing Information 9/4/12 We would like to share CPF comments in a public domain. However, please mark 'private' in the box below if you do not wish your comments to be shared outside of the Conservative Party (including Conservative political representatives) and our CPF membership. General Private/ General (please specify) [email protected] Question 1 What should be the role of the Government in encouraging growth? In a market driven economy the role of government can only be to facilitate, encourage and promote the conditions that will support and encourage investment and growth 1/ Encourage investment (Both inward and FDI) 2/ Facilitate growth by providing / encouraging the right conditions for innovation, entrepreneurism, business start-ups and export 3/ Lower corporation tax 4/ Improve / increase / facilitate business lending – probably moving towards regional business banks and away from high street bank lending 5/ Improve / encourage / support infrastructure and transportation links 6/ Improve education fit for purpose for a High Tech economy but also providing and encouraging essential Trades Skills training to become “must have” jobs. 7/ Reduce red tape _____________________________________________________________________________________________________________________________ CPF Brief No 2/2012 Return Date: by 31 March 2012 Page 1 of 3 What challenges do you think Britain will face in 2015? Join the conversation at www.conservativepolicyforum.com Discussion Brief Number 2/2012 Increasing productivity and supporting growth General Question 2 Where in the World will growth come from? Who will we be exporting to and importing from? 1/ Growth will and should come from everywhere but most especially third world economies and super states but should target those economies where the UK is most likely to achieve a balanced trade arrangement 2/ Increasing High Technology investment and export led businesses whilst providing financial value to Intellectual Property will both assist in the retention of knowledge and the ongoing competitive advantage of the UK. It is impossible to stop certain country’s “copying” or breaching patent protection in a global economy; therefore investment in “staying ahead of the game” has to be a critical approach to any growth programme. 3/ Imports will and should come from whichever country is producing the most competitive goods; that does not suggest that the BRIC’s economies should be left to rule the world. Question 3 How can we encourage more people back into the workplace? What can the government do to incentivise flexible or part-time working? The first part of this question is poorly worded as it assumes that people were in employment and are now choosing to not be – this is simply not the case and is offensive to many. The second part of the question is taken as a policy to reduce the unemployment register through job sharing and is not a policy supported by this CPF as that merely dilutes the available full time jobs. There is no response from the SLCA – CPF to these questions. Question 4 In your area, what is the most important industry or market? If government could do one thing to help increase growth or improve productivity in that market, what would it be? The SLCA – CPF area is dominated by retail and distribution The SLCA – CPF would not support any further growth in these sectors in this area as it would prefer to see diversification away from a very narrow’ low technology and non-growth generating sector _____________________________________________________________________________________________________________________________ CPF Brief No 2/2012 Return Date: by 31 March 2012 Page 2 of 3 What challenges do you think Britain will face in 2015? Join the conversation at www.conservativepolicyforum.com Discussion Brief Number 2/2012 Increasing productivity and supporting growth General Question 5 Are there skills or resources in your area which could benefit from special support? What are they, and what support would help? High Technology engineering with 4 centres of higher education within easy reach. Government support for innovation is seen as essential to drive growth and a future facing economy. There should be much closer links between universities and business to capitalise on high technology and cutting edge research Improved transport links between he education and business communities Satellite campuses within business parks would be considered as extremely beneficial Return to Polytechnics and increase apprenticeship take up. Question 6 What would economic success look like in your area? Is GDP a relevant measure? Putting Leicestershire on the map for something other that a multi-cultural city would be good starting point. Far too few people understand GDP for it to have any meaning to Joe public. An easy to understand statistic would be per capita profit; therefore as higher value businesses established themselves, per capita profit would increase and be far more relevant to local conditions – housing, schooling, facilities etc etc. Other Comments (if any) Thank You. Please return to: [email protected] _____________________________________________________________________________________________________________________________ CPF Brief No 2/2012 Return Date: by 31 March 2012 Page 3 of 3 What challenges do you think Britain will face in 2015? Join the conversation at www.conservativepolicyforum.com