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.
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.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article