UK Competitiveness

More than 200 projects in rail, road, local transport, flood defenses, broadband, airport infrastructure and waste management are due to start construction in 2014 to 2015 alone. This has been undertaken to improve UK businesses ability to transport goods, to communicate and make the UK a more attractive place to set up a business or invest. UK companies may gain advantages due to these improvements in infrastructure that improve their competitiveness. On the other hand, investment in infrastructure is not cheap, huge sums of money has been dedicated to development projects and this money could have been spent elsewhere.

The Investment In Infrastructure Is a good Idea, as It helps I-J firms become more efficient and can reduce costs, making them more nominative Increasing access to finance Is another measure that has been undertaken via the creation of the funding for lending scheme and the El ban business bank. The increased access to capital for business may lead to increased investment in improving technology, becoming more productive or growing in size. These can only help UK companies become more competitive on global markets and help increase their exports.

This does encourage investment by businesses on growing and becoming more competitive but it also is not a guarantee that they will do so. Businesses may not see it as advantageous to invest at that time and may hold on to their money, having no positive effects on UK competitiveness. In addition an increased tax allowance leads to decreased tax receipts which reduces the governments income whilst is already running at a deficit and may mean it cannot spend money elsewhere. The government is undergoing the process of cutting corporation tax from 23% to 20% by 2015.

This will make the UK a more attractive place to set up a business and encourages Investment Into the country. However It does mean that the UK will see reduced tax receipts which may reduce public pending as less money Is available and this will have a negative effect on competitiveness. Also, companies may decide not to invest money saved from business regulation involves removing two regulations whenever one new one is created and this helps business to develop and grow as there are fewer barriers to pass through to get things done.

Also there is no cost to this policy which means that no money is taken away from other sectors or areas of spending. A negative effect of the policy is that too much deregulation could have severe negative effects on the economy, as seen by the crisis of 2008. Steps to improve the education system have begun via changes to the curriculum to promote mathematics and improve English skills, as well as improving training and increasing both the quality and the number of apprenticeships available to people in the I-J.

These steps can help to improve competitiveness as if your workforce is more skilled then they will generally see a rise in productivity an increased likelihood of inward investment leading to higher efficiency. Business may develop new technology making them more competitive as result as a better educated workforce. However, there is a time lag, these measures ill take years to have an effect and may not be so desperately required in the future.

Also the effect of labor costs may still mean the business invest or set up elsewhere, as cost overrides skill and this will not improve competitiveness. In conclusion, every measure has its downfalls but it is the way they are implemented and how they are regulated that decides their effectiveness. For example, investment in infrastructure cannot be set too high so that it drags from other areas and taxes should be cut to encourage investment and promote business growth but cut to a level that is beneficial for both business and the economy as a whole.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyhomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Human Resources Management (HRM)
Customer 452773, July 11th, 2023
Human Resources Management (HRM)
excellent job
Customer 452773, June 25th, 2023
Business and administrative studies
excellent work
Customer 452773, March 9th, 2023
Love this writer!!! Great work
Customer 452597, April 5th, 2021
Criminal Justice
The paper was not accused of plagiarism and was written very well. I will let you know the grade once it is graded. Thank you
Customer 452671, April 26th, 2021
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
The support team was late responding , my paper was late because the support team didn't respond in a timely manner. The writer of the paper finally got it right but seems there was a problem getting the revisioin to me.
Customer 452773, April 7th, 2024
10th grade English
very good
Customer 452773, March 26th, 2023
Business and administrative studies
excellent job!
Customer 452773, May 25th, 2023
Customer 452773, March 21st, 2024
Thank you!
Customer 452545, February 6th, 2021
Business and administrative studies
Excellent job
Customer 452773, March 17th, 2023
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes
Live ChatWhatsApp