17:20 Friday 1st June 2012
Drive BBC Radio Cambridgeshire
CHRIS MANN: More bad news on the economy. We’re hearing again that figures are getting worse, not better.
STEWART JACKSON: Well I think Chris this is a function as Andrew Lansley said of many things, but principally it’s not a lack of cash, actually, because businesses do have cash. It is about confidence, business confidence to replace machinery, take on new people, build a new factory. And it’s about the European Single Currency, and people are waiting to see what happens. We could be on the precipice of a catastrophic ejection in terms of not only Greece, but Spain, from the Single European Currency. And that has a massive impact. And that’s obviously going to affect exporters. The strength of the pound of course means that people like Perkins Engines, Caterpillar in my own constituency, are suffering a bit of a downturn as a result of that.
CHRIS MANN: Well Andrew Lansley talked of course in detail about the benefits to South Cambridgeshire, particularly in I.T. and electronics down here. But what about in Peterborough? Continue reading “A Message From Stewart Jackson To George Osborne – Cut Taxes”