Guest Blog: Penny Hemming, director of CBI Yorkshire and Humber, gives her take on the new Government.
Is what is in Gordon Brown's cabinet good for business?
CBI Director for Yorkshire & the Humber, Penny Hemming, believes so.
This is an imaginative re-shaping of the structure of government. The new
brief of the Department of Business and Enterprise will ensure that it is able
to champion the competitiveness agenda in critical areas of policy including
energy, employment and regulation.
At the same time, the appointment of John Hutton as Secretary of State will
provide the strong voice in the new Brown Cabinet that business was seeking so
that government fully understands the realities of today's global economy.
The creation of a Department for Innovation, Universities and Skills signals
a new and much needed sense of urgency focused on the delivery of the right
skills for our economic future. All of these areas contribute enormously to
wealth creation in the UK.
We are cautious about the separation of science and industry, as the UK needs
to become better when it comes to the economic exploitation of science. Our
creation and use of knowledge in the years ahead will define our ability to
compete in tomorrow's global economy. The key test will be the strength of the
department's economic focus which John Denham, as the new Secretary of State
will need to provide.