IOD Publish Report on Inhibitors to Growth

April 2006

The Institute of Directors (IoD) has published a report highlighting the problems faced by UK businesses. The IoDs’ head of business policy Dr Richard Wilson, said that “Skill shortages, red tape etc are what are holding UK businesses back”. The three principal factors identified by IoD members are:

• the regulatory burden
• taxation
• skills shortages and gaps.

The report goes on to say that further inhibitors to growth included competition and economic uncertainty.

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to read the press release go to
IOD press release

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