Phil Jones, Brother UK sales and marketing director, has lobbied David Cameron to adopt policies that will help to lift the economic and market pressures being felt by the channel.
Questioning the Conservative leader at a meeting of business people in Manchester this morning, Phil Jones outlined the case for more support for the sector, which is facing its toughest trading conditions for years. He encouraged the Tories to intervene in the credit insurance impasse, which is having a major impact at all levels of the channel and is stifling the ability of companies to trade with each other. Jones also highlighted the impact of the depreciation of Sterling, which is driving selling price increases across the industry at a time when end-users are expecting retail price deflation.
Phil Jones said: It was encouraging to hear that David Cameron is listening to businesses and acknowledges the pressures we are all facing. He confirmed that the Conservatives would consider extending an economic support package to trade credit insurers as part of their 50bn loan guarantee package, giving them the facilities to start underwriting the companies and risks that have been pulled in recent months. And although Cameron ruled out intervention to stem the slide in Sterlings currency value, he reaffirmed his commitment to re-establish international confidence in the Pound.
David Cameron was also pushed on his plan, announced on Monday, to stimulate greater investment in the roll out of high-speed broadband across the UK. Phil Jones said that universal access to faster broadband would enable Britain to position itself as a low carbon and efficient economy in future years as the countrys economy emerges from its current downturn.
Phil Jones attended the meeting in his role as Vice President of the Greater Manchester Chamber of Commerce, an organisation that represents over 5,000 businesses in the region.