PPT5 Government and business environment p4

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

 Transport improved

 local regeneration ie Leyton high road

 25,000 jobs in building

 Knock on effect = good for all

 18,000 permenant jobs now

 Olympics

 Westfield Stratford City two

 With lots of local jobs what will

schemes

 Workplace (co-funded with Newham Council)

 Skills Place (helping the longterm unemployed)

businesses

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  In Nigeria Vince Cable 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