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Our work in DTI has a profound influence
on markets - labour markets, capital markets and markets
for goods and services. So it is vital that we have
principles that underpin how we shape and intervene
in markets when necessary. To do this we have, in
partnership with stakeholders, developed a high level
Fair Markets narrative.
· setting
out our belief in the markets as the best means of
delivering prosperity for all
· describing
the principles by which we interact with and, where
necessary, intervene in the markets.
The narrative sets out our commitment
to opening markets and making them work for the benefit
of all participants - consumers, employees and business
– and the priority areas for the next five years.
For the full narrative click
here:
In Fair Markets we are committed to
reaching out and engaging with stakeholders meaningfully
so that we can work together to develop ideas and
solutions. This has been exemplified by our work to
develop the Fair Markets narrative but also more broadly
in our work.
As part of our commitment to engaging
with and learning from our stakeholders we commissioned
an independent audit from Mori of our stakeholder
relationships. The report was very encouraging:
· describing
us as responsive, professional, consultative and effective.
· but
highlighting where we need to do more – on consulting
better, being more long term and building partnerships
with stakeholders.
We have already begun work to improve
these areas. For the full report click here:
Fair Markets Group, led by Director General John Alty, is made up of the following Directorates::
Europe
and World Trade: led by Edmund Hosker (World)
and Neil McMillan (Europe), promote economic reform
in Europe and free and fair world trade by supporting
Ministers and working closely with the FCO and other
relevant departments.
Corporate
Law and Governance: led by Geoff Dart,
promote and deliver an effective framework for corporate
and insolvency activity giving confidence to investors,
business and other stakeholders.
Consumer
and Competition Policy: led by David Saunders is responsible for shaping and ensuring delivery
of consumer and competition policy in the UK and internationally.
Employment
Relations: led by Janice Munday, works
towards maximising potential in the workplace by developing
a diverse, fair and flexible labour market.
The
Women and Equality Unit: led by Angela Mason,
has responsibility for promoting gender equality and
diversity across Whitehall and
internationally.
We also promote better regulation throughout DTI,
with full recognition of small business concerns.
This cross-cutting DTI project is led from Fair Markets
in partnership with the Regulation and Small Business
Policy Directorate within the Small
Business Service.
revised July 2004
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