Commenting on the creation of a Conservative and Liberal Democrat coalition Government, David Frost, Director General of the British Chambers of Commerce (BCC), said:

“We look forward to working with the new coalition Government during a critical time for the economy.

“We will judge the new administration on the basis of what it does to promote business recovery across the UK. The BCC wants to see the delivery of a clear and achievable plan for business over the first ninety days of a new administration – a plan that puts business growth at the centre stage.

“Fixing the public finances must be at the top of the agenda. The Conservative-led coalition must be absolutely clear about where spending cuts will fall, and about the need to curb relentless growth in the size and cost of the public sector. They must also follow through on their promise to roll back the planned employer National Insurance rise in any emergency Budget.

“The next ninety days are crucial for recovery. We need concrete proposals to reduce red tape and tax burdens on business; action to move the economy away from consumption and the public sector and towards exports; and commitments to improve Britain’s key business infrastructure.”