Whitehall must boost long-term supply side reforms, says EEF

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A massive boost to infrastructure is needed to build on the economic recovery and lay foundations for longer-term growth, according to EEF.

EEF chief executive Terry Scuoler (pictured) said: "We have seen a significant turnaround in the economy over the last year, and it is important for the Government to maintain its focus on areas which drive growth, including maintaining a competitive tax regime and other measures which support high value investment and innovation." He added: "Despite the forthcoming election Government must continue to drive forward with policies which support long term growth and the re-balancing of our economy. "Manufacturers are also heavily reliant on road networks. Implementation of those projects left on the too difficult list for too long is an urgent priority." Scuoler also called for Catapult centre support to be enhanced "to make sure they stay at the cutting edge of technology and keep Britain at the forefront of manufacturing excellence". EEF also recommended a commitment to maintaining the fundamental structure of the business rates system; starting consultations on developing a stable and internationally competitive capital allowances regime when the temporary increase in the annual investment allowance expired in 2016; and no future increases to the landfill tax escalator until their impact had been assessed.