The role of the government in creating the business climate
The government has a main role in creating the business climate and these areas
Government influence:
Local-There are many local authorities and councils in the UK who work with regional development agencies. This is done to encourage businesses to locate in their area so that they can create more jobs and bring wealth to that area. They are also responsible for promoting the area to businesses and they will work with the private sector to create Industrial technology, estates and business parks. They also provide support at local level assisting small businesses to start up or develop further.
Regional- There were Regional Developments Agencies operating in England which provide grants to encourage business development in deprived areas where there is high unemployment. They also helped small to medium sized enterprises. Since the closure of the regional development agencies, the responsibilities have now gave to the local councils and authorities.
National-The government wants the nation to grow in economic terms and improve the standard of living for its people. The government has many goals and targets and also makes regulations and laws that businesses must comply with. The government offers many schemes for the unemployed and young people such as apprenticeships and training. Money was provided to the RDAs (regional development agency) however the RDA no longer exists, so money is now provided to local authorities to promote and encourage business development and to help create jobs for local people.
European-The European Union consists of 28 member countries in Europe whose government work together to make changes for the benefit of trade and EU citizens. This allows free trade, no customs barriers and free movement of goods. The EU citizens have the right to access many job opportunities within the 28 member countries. The European Commission is reliable for making laws which are passed to...