Responding to the government’s announcement that HS2 will go ahead, National Chairman of the Federation of Small Businesses (FSB), Mike Cherry, said:
"It is very welcome that at long last a clear decision has been made to proceed with HS2. The time for debate is over – let’s get the shovels out and put some high speed into the process of building it.
"This is a crucial infrastructure project which will bring economic benefits both during its construction, and in the capacity and productivity improvements it will create once it’s operational. It will allow for a greater number of both passenger and freight services, take lorries off congested roads, and help to improve connectivity across the Midlands and north of England.
"It is important that as tenders are drawn up for construction contracts that as many as possible are broken down to make them manageable for small businesses to bid for. This will increase competition, drive down costs, and protect taxpayers from the risk of putting too many eggs in one or two multi-national baskets.”
Other projects
On the announcement of other investment in transport infrastructure, Mike Cherry added:
"It is pleasing to see a focus on bus transport as well as rail. In many parts of the country buses are the only form of public transport, and investment will lead to more frequent and reliable services, making it easier for people to visit town centres and high streets.
"Plans for green transport modes such as more cycle lanes could also aid greater footfall on the high street. It will, of course, be important to make sure these works are carried out in the best way to minimise disruption to trade.
"Northern Powerhouse rail would bring a much-needed, faster and more reliable service across large parts of the north of England, which will be good for productivity, investment and the wider economy.
"The ambition to reopen some local rail lines to passengers opens the way not only to increasing connectivity, but also using the nature of smaller projects to prioritise smaller suppliers and contractors in the upgrade process."
Ends
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About FSB
As experts in business, FSB offers members a wide range of vital business services, including advice, financial expertise, support and a powerful voice in Government. Its aim is to help smaller businesses achieve their ambitions. More information is available at www.fsb.org.uk. You can follow us on twitter @fsb_policy.
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About FSB
As the UK’s largest business support group, FSB is the voice of the UK’s small businesses and the self-employed. Established over 40 years ago to help its members succeed in business, FSB is a non-profit making and non-party political organisation that’s led by its members, for its members. As the UK’s leading business campaigner, FSB is focused on delivering change which supports smaller businesses to grow and succeed.
FSB offers members a wide range of vital business services, including access to finance, business banking, legal advice and support along with a powerful voice in Government. Each year FSB also runs the UK’s Celebrating Small Business Awards. More information is available at www.fsb.org.uk. You can follow us on twitter @fsb_policy and on Instagram @fsb_uk.