The Institute of Directors added a bit more moss to the rolling stone of worry about the government’s growth agenda today, releasing the results of a survey of business leaders that condemned a list of the government’s reforms as ‘ineffective’. It’s worth looking at the full list of areas where the respondents felt the government is failing to deliver, but in short simplifying the planning system was deemed the least ineffectual set of reforms, with reducing tax complexity the area where the government scored worst.
Now, before Chuka Umunna gets too excited about the words ‘too far and too fast’, the IoD’s members did support the government’s deficit reduction measures. But this survey does add to the growing consensus that something must be done about growth this autumn.
The thinking in Number 10 currently leans towards sinew-straining – a tweaking of what is already there rather than a dramatic overhaul of everything that has been achieved over the past few years.
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