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Company debt consultancy customers 'need government help to grow'

Date Added: 11/10/2010  

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Company debt consultancy customers need the government's help in order to grow and as a result boost the economic recovery in the UK.

This is according to the British Chambers of Commerce (BCC), which stated that while firms understand the need to cut the budget deficit, they need the Comprehensive Spending Review to contain business boosting measures.

David Frost, director general of the BCC, said: "The government should use this as an opportunity to target funding on particular projects that the business community say will stimulate further private sector activity."

He added that this could include simplifying the planning system and providing more support for company debt consultancy customers which export their goods and services, such as a short-term export credit guarantee scheme.

Geoff Cutmore, a presenter on business channel CNBC, recently told Money Market that the number of firms needing to become company debt consultancy customers could be set to increase as a result of the measures contained in the Comprehensive Spending Review. 

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