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Corporate debt consultancy customers 'require clarity on employment regulations'

Date Added: 02/02/2011  

Firms including those taking advice from a corporate debt consultancy need the coalition government to find a way of clarifying employment regulations.

In a speech made on his first day as the new director-general of the Confederation of British Industry, John Cridland stated that the next two years will be critical for the health of the UK economy.

"The government gets top marks from business for its swift and decisive action on the deficit, but it has got to put its foot to the floor," he said.

Mr Cridland added that in order for firms including corporate debt consultancy customers to be able to grow and employ new staff, regulations regarding employment needs to be cleared up.

He claimed that too many businesses are failing to meet their full potential on exporting goods and services to other markets.

Mr Cridland takes over the role as director-general at the organisation after Sir Richard Lambert stepped aside last month.

Posted by Julie Cutts

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