Institute of Directors publishes recommendations for private sector growth

Business organisation the Institute of Directors publishes recommendations for private sector growth

Business organisation the Institute of Directors has published a paper comprising recommendations for the government on boosting private sector growth.

Its recommendations include a removal of the automatic right to request flexible working arrangements and changes to planning and environment law.

Two dozen measures, entitled "freebie measures" by the IoD are proposed.

These measures are ones which the institute argues will boost private sector growth with little or no cost to the taxpayer.

Whilst arguing that the government's deficit reduction plans are central to growth, Director General of the IoD Miles Templeman stated,

"the Government also needs to reform the supply-side of the economy"

The most controversial proposal - ending national collective bargaining in the NHS and education sectors - has been criticised by the TUC.

TUC general secretary Brendan Barber argued,

"We need decent fair pay systems, and collective bargaining is the way to deliver that."

Also considered in the IoD paper are plans for reducing public spending to GDP ration.

The institute also proposes a reduction of the ratio to 35 per cent by 2020.