Prime Minister announces plans for a “new economic dynamism”

The Prime Minister David Cameron has set out the Government’s plans to create “a new economic dynamism” that he claims will build confidence and lead to growth and jobs.

The Prime Minister David Cameron has set out the Government’s plans to create “a new economic dynamism” that he claims will build confidence and lead to growth and jobs.

Speaking at the CBI conference today, the PM set out the Government’s strategy as pro-enterprise, pro-competition and pro-innovation that backs the big businesses of tomorrow, not just the big businesses of today.

The PM announced the creation of a £200 million network of technology innovation centres, linking university researchers with business.

Mr Cameron also announced a National Infrastructure Plan that sets out in detail the infrastructure Britain needs and how the Government will unlock £200 billion worth of public and private sector investment to deliver it.

He said: “To build that new dynamism in our economy, to create the growth, jobs and opportunities Britain needs, we’ve got to back the big businesses of tomorrow, not just the big businesses of today.  That means opening up access to finance, creating an attractive environment for venture capital funding, getting banks lending to small businesses again – and in the days and months ahead we will be setting out our plans in all these areas.”

He added: “Over the course of this Parliament – and the next – I believe we can transform our fortunes. We’re in a world of unprecedented economic change, with millions of new consumers and countless innovations, where companies are starting with less investment than ever before, yet still becoming global giants within a matter of years.  This is an incredible opportunity for Britain, for new start-ups to flourish, for innovations to drive growth and create jobs.”

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