BTEC L2 Business Enterprise/ICT Unit 1 – Business Purposes P4 Outline the role of government in creating the business climate.

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Presentation transcript:

BTEC L2 Business Enterprise/ICT Unit 1 – Business Purposes P4 Outline the role of government in creating the business climate.

Learning Objectives/Intentions To know what assistance and economic conditions do UK businesses need in order to flourish To understand the role of local government in the business environment To understand the role of national government in the business environment To understand the role of European government in the business environment

The role of local government in the business environment Policy: Try to encourage businesses to move/stay there. Newham and westfield 25,000 jobs in building 18,000 permenant jobs now Westfield Stratford City two schemes Workplace (co-funded with Newham Council) Skills Place (helping the long- term unemployed) Transport improved local regeneration ie Leyton high road Knock on effect = good for all businesses Olympics With lots of local jobs what will people think?

The role of national government in the business environment National Government = House of Parliament Tax law: not too low not too high Employment Law: Freedoms and safeguards Education (vocational and Apprenticeships) Balance of Trade (Surplus v deficit) Buying British? National Government promotes British businesses globally When PM goes on state visit RR, BAE execs etc go too. Department is BIS BIS In Nigeria Vince Cable Speech Speech PM and Deputy PM

the role of European government in the business environment 26 member states Promote trade between members Eurofighter/Airbus One VAT charge Free trade Single currency Right to work Right to learn

What to do You’re a business journalist with BBC TV news or Capital Radio. Individually make a video/ audio presentation that outlines the governments’ role in creating conditions for British businesses to flourish. Laws policy Employment Tax Education