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Low key budget could have done more to restore relations with business

March 13th, 2008

Item submitted by: Northamptonshire Chamber Northamptonshire Chamber - Click to view profile

Responding to the Budget today Paul Griffiths, Chief Executive of Northamptonshire Chamber, said:

“This Budget will be seen as one that saw a number of tax increases which failed to help businesses overcome the difficult conditions they currently face rather than one that restored the relationship between the Government and the business community.

“The pre-Budget Report last October brought in a series of changes that complicated the tax system, increased taxes and made the UK a less attractive place to come and do business.  Unfortunately the Chancellor has not repealed the bulk of these measures and the business community will still feel that the Government has used them as an easy target for the Treasury.

“It was good to hear the Chancellor make specific reference to the SME community and heartening to see the Government set a goal of SME’s winning 30 per cent of all public sector contracts over the next five years.”

Northamptonshire Chamber publishes media releases from member companies and partners as part of its service to members. The Chamber is committed to maintaining the highest standards but cannot accept responsibility for views expressed or for inaccuracies or omissions.

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