AM Online

Credit easing and employment law measures to help dealers

Prime Minister David Cameron has hinted at some of the measures coming in the Autumn Statement next week.

He told the CBI conference the November 29th announcement would include a "massive credit-easing scheme" to help small and medium-sized businesses borrow money.

The chancellor will unveil measures to deal with youth unemployment and to create links between infrastructure projects and enterprise schemes.

The government also plans measures to simplify employment law.

Cameron said that the crisis in the eurozone was having a "chilling effect" on the UK's economy, and that the stream of negative news about Europe was affecting confidence.

The government's strategy is to pay down debt and focus on growth, he said.

Cameron criticised people calling for growth to be stimulated by additional spending funded by borrowing.

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