Prospects for the South West economy: second report of session 2009–10

Prospects for the South West economy: second report of session 2009–10
Document type
Report
Corporate author(s)
Great Britain. Parliament. House of Commons. South West Regional Committee
Publisher
TSO
Date of publication
22 March 2010
Series
Parliamentary Papers. Session 2009-2010; HC355
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This report follows up the South West Regional Committee’s first inquiry into the South West economy in the summer of 2009 and looks ahead to the future prospects for the South West economy, examining the region’s economic performance over recent months; re-examining some of the issues raised in the first report; and focusing on a number of specific sectors within the region. The report finds that the region is showing signs of recovery and we found evidence of positives steps to assist this progress. However, it also finds some issues that gave the Committee cause for concern. Small and micro businesses, and social enterprises, are very important to the region’s economy and have shown remarkable resilience through the recession. Business support initiatives need to be flexible enough to help even the smallest businesses expand and export.

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