Sunderland Echo

Businesses call on PM to deliver his pledge

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Business bosses in the North East have called on the Government to deliver on its “levelling up” election pledge in the New Year.

Results from North East England Chamber of Commerce economic survey says bu s i n e s s c o n f id e n c e re - mains low.

Chamber president, Lesley Moody said:

“Even though business conditions continued to improve during the final quarter of 2020, things are still very tough for many firms across our region.

"Covid, Brexit and the economic climate have kept sales, orders and cashflow firmly in negative territory, despite some improvemen­ts over the latter half of the year.

“Just over a year on from the general election, this is the backdrop against which we assess the Government’s progress on ‘levelling up’.

"The impact of this crisis has not been felt evenly across the country and has fallen harder on our region our communitie­s.

“These results are a stark reminder of how much work is needed to get our economy back on its feet.

"The improvemen­ts we see are also testament to the resilience of our busin e s s e s ; w h o h ave been doing everything they can to survive and grow in the face of exceptiona­l circumstan­ces. Let us all hopethat 2021provid­es the rewards and recognitio­n they deserve.”

Mike Wade, finance manager of Chamber member, Hodgson Sayers said: “We have seen some recovery since the initial lockdown. A key factor in delivering the promised levelling up for our region is that uncertaint­ies are addressed and resolved in order to build confidence.”

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