PwC comments on King's Speech - Business welcomes the sense of urgency driving economic growth

Marco Amitrano, senior partner at PwC UK, said: 

“The inclusion of 40 bills in today’s King’s Speech is a symbolic move, showcasing the Government’s intent on getting things done. Business will welcome the sense of urgency - a step change in growth requires a step change in action. 

“It’s good to see the focus on regional growth, jobs and infrastructure through devolution. As a business, we see the impact and benefit of working with the local government to support jobs and skills.  There also needs to be a national strategy for skills, so the announcement of a new body called Skills England, with employers at its heart, is a promising sign.

The commitment to move forward with reform of the UK’s audit and corporate governance regime is also welcome, and will support a competitive economy.

“With so much potential legislation, ensuring that plans are aligned and coordinated will be key. Getting input from businesses and other parts of the economy, without slowing momentum, will also be critically important.”