A government minister is encouraging his civil servants to do work experience at small firms across the UK, in order to devise better policies.

Business and enterprise secretary Mark Prisk is currently working at a West Midlands furniture manufacturer, as part of the Week in Business Initiative run by his department.

He commented: “The manufacturing industry is vital to the recovery of the UK economy and the government needs to provide the right conditions to ensure manufacturing succeeds in the globally competitive environment.”

According to the government, small businesses account for 99 per cent of economic activity in the UK.

The coalition has this week highlighted a number of policies to help small firms continue to drive the economic recovery of the country.

It has been widely reported that details of a major new investment fund could soon be announced by the government.

The fund has already been associated with at least four major high street lenders, who are expected to pour more than £250 million into it.

Posted by Christopher Evans


Published on: October 7, 2010