BusinessCompany NewsHewitt defends department

Hewitt defends department

Trade and Industry Secretary Patricia Hewitt has slammed Liberal Democrat and Tory plans to scrap her department at Labour's Brighton Conference and mounted a strong defence of the work it does.

Link: Lib Dems would scrap DTI

She claimed that opposition plans would mean scrapping support for business and jobs and science and innovation.

‘We are the only political party that believes in a strong voice for business, making the case for trade and industry across government,’ said Hewitt.

She also claimed that support for the chemicals and aerospace industries in particular should be classed as an investment because it brings in nine times as much from the private sector than was invested.

She went on to defend her department’s work on the European Directive on Information and Consultation which creates partnership between unions and employers to deliver fairness for working people – criticising Tory claims that it is nothing more than red tape.

The Lib Dems claimed at its conference in Bournemouth last week that abolishing the department and transferring the remaining company regulation to a Minister for Business at the Treasury would save £5bn over 5 years.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor