“The budget includes some positive measures for business and investment. These could help ease some of the pressures curtailing innovation, which will be vital for the recovery when it comes. But what we really need is a crusade from the top to stimulate and encourage companies to innovate, even in the trough of the recession. New political will – together with more money – must be injected into this policy.”
To read the MCA’s report on Innovation and protecting the UK’s Competitiveness, released on Monday, click on the download above.
For more information, please contact:
Management Consultancies Association
Tel: 020 7321 4810 / Mobile: 07943 805594
DWP Public Relations
Tel: 01225 833745 / Mobile: 07899 798197
About the Management Consultancies Association
The MCA was formed in 1956 to represent the consultancy industry to its clients, the media and government. Management consultancy is an increasingly important industry for the UK economy with management consultancy revenues for 2007 estimated at around £8bn. MCA members represent around 70% of the UK consulting sector, employ around 30,000 consultants and work with 90 of the FTSE100 and all government departments. Eight of the top ten UK-based consulting firms (by consulting fee income) are members.
The MCA supports its member firms with a range of services including events, publications, interest groups and public relations. The Association also works with its members to attract the top talent into the industry. The MCA provides advice on the selection and use of management consultants and is the main source of data on the UK market.