FACTBOX-Reactions to new UK government’s plans

(Adds new reaction)

May 25 (BestGrowthStock) – Reactions to the legislative programme of
Britain’s new government presented by Queen Elizabeth on
Tuesday: [ID:nLDE64O0I8]

JOHN CRIDLAND, CONFEDERATION OF BRITISH INDUSTRY

“The coalition is right to put deficit reduction and
securing economic growth at the heart of its first Queen’s
Speech.

“National Insurance Contributions are a tax on jobs and
reducing next year’s increase to the employers’ contribution is
the right move at a time when we want to encourage businesses to
create jobs. This is good news for firms of all sizes.

“Businesses are greatly encouraged by the prospect of a
five-year roadmap for reform of the corporation tax system.”

OXFAM

“A Robin Hood Tax on financial transactions could be used to
fund … changes in the welfare system, rather than increasing
VAT, which would undoubtedly be felt by the poorest first.”
“We warmly welcome the government’s confirmation they will
honour their commitment to spend 0.7 percent of Gross National
Income on overseas aid from 2013 … However, the coalition
government has missed a key opportunity to follow through on its
promise to enshrine this commitment in law.”

PAUL COOK, TEARFUND, DEVELOPMENT CHARITY

“It’s not enough to see overseas development assistance
simply reiterated as a government commitment. We need to see
development aid spending at 0.7 percent of Gross National Income
made law, as laid out in last week’s coalition agreement.”

DAVID NUSSBAUM, WWF ENVIRONMENTAL GROUP

“The UK needs a revolution in the way we think about and
source our energy, and we strongly support the Bill announced in
today’s Queen’s Speech. The proposed implementation of an
emissions performance standard, provided it is set at the right
level, could prevent saddling us to a new generation of
polluting coal-fired power plants. Furthermore, the delivery of
a smart grid will be crucial for the UK’s low carbon future.”

MARK SERWOTKA, PUBLIC AND COMMERCIAL SERVICES UNION

“We are deeply concerned about the further erosion of state
services that have been built up over many years and which
millions of people rely on. We are not only committed to
defending our members’ jobs and livelihoods, but we are also
calling for a major coalition of trade unions and community
groups to come together to fight these cuts and defend public
services.”

BILLY HAYES, COMMUNICATION WORKERS UNION

(On plans to part-privatise state-owned Royal Mail)

“We will fight these proposals. There’s no mandate from the
public to privatise Britain’s postal services. It’s not
supported by the public and it’s not supported by postal
workers.”

CHRISTINE BLOWER, NATIONAL UNION OF TEACHERS

(On plans to allow more state-funded schools to opt out of
local authority control and become independent “academy”
schools):

“Creating academies on the scale proposed by the government
will have the effect of transferring billions of pounds of
publicly funded assets in the form of buildings and land into
the hands of private sponsors…

“This is a retrograde step which will cause social division
and planning gridlock, and drive a bulldozer through properly
accountable local authority provision of education.”

MARY BOUSTED, ASSOCIATION OF TEACHERS AND LECTURERS

“These proposals to turn more schools into academies are
just irresponsible. They have not been properly thought through
and could end up making a mess of education provision through
their unintended consequences.”

DAVID FROST, BRITISH CHAMBERS OF COMMERCE

“We are pleased that the government is prioritising a
reduction in the budget deficit — and that it has broadly
chosen to avoid placing additional regulatory burdens on
wealth-creating businesses. Over the coming weeks, we will be
judging the government’s performance against the delivery of a
clear plan to enable business growth.”

DAVE PRENTIS, PUBLIC SECTOR TRADE UNION UNISON

“The plans set out in this dismal Queen’s Speech spell
danger for public services, and for economic growth and offer
little hope to either the young or long-term jobless.

“With the recovery at an embryonic stage, it is vital that
support for growth is maintained. Cutting public services and
jobs now will hit local economies, stunting economic growth, and
ultimately force long-term borrowing up.”

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(Editing by Mark Heinrich)

FACTBOX-Reactions to new UK government’s plans