Thames Valley: Business leaders debate what the election result means for the region

Business leaders from across the Thames Valley gathered at the Hilton Hotel in Reading last week for a Thames Valley business leaders’ dinner.

Over 150 guests attended the event, which was sponsored by KPMG, RBS and Shoosmiths.

They were addressed by political journalist and broadcaster James Naughtie who discussed the shock results of May’s general election and what they mean for UK plc.

Andrew Morgan, Thames Valley senior partner at KPMG, said: “Businesses want certainty and stability to enable them to make long-term investments and plan for the future.  Most are relieved to have avoided the prospect of a weak minority or unstable coalition government and the inevitable delay of forming such an administration.

"The Conservatives promised to cut National Insurance, removing the cost altogether for under 25s, and to fund three million apprenticeships. We hope to see these policies now becoming reality and small businesses given encouragement and support – which must be a top priority for our new Government.”

Robin Barnes, regional director, Solent & Thames Valley for RBS, said: “We were delighted to bring together so many business leaders from across the region to discuss what the election result means for them and hear their concerns and hopes for the future.  The region has tremendous growth potential and, underpinned by a stable government, is well placed to capitalise on the opportunities this year presents.”

Emma Gibson, partner at Shoosmiths, commented: “The businesses we speak to want to know what’s next for them and what the next parliament will offer.  Creating a business-friendly environment to attract investment and enable growth is fundamental to the prosperity of the region and the UK.