THE Government is being urged to give more backing to exporters and green businesses in the North East.
The North East Chamber of Commerce (NECC) has used its submission to the Treasury to tell Chancellor George Osborne to introduce specific measures that rebalance the economy, back manufacturing, increase trade and growth among low carbon industries, as ways to support the recovery.
The region has an historic reliance on public sector funding, leaving it exposed to swingeing spending cuts.
However, the NECC believes that it is well-placed to recover as it boasts a vibrant manufacturing sector, a rich pedigree of global trade and growing expertise in green energy.
Martyn Pellew, president of the NECC, said: “The time for rhetoric has long passed us by. This has to be a budget of action, a budget of economic stimulation, a budget that will deliver the platform that will enable businesses to grow faster and create the wealth and jobs the country desperately needs.
“The North East offers a platform for the Government to achieve its aims and has the capacity to play a much more influential role in the growth of UK plc but it needs the right stimulus to achieve it.”