Business Lending for exporters doubled to £3bn and interest rates on that lending cut by a third Business rate discounts and enhanced capital allowances in Enterprise Zones extended for three years Economy GDP forecast to grow by 2.7% this year and 2.3% next year, then by 2.6% in 2016 and 2017 and by 2.5%...
National business groups welcomed today’s Budget, particularly the measures aimed at boosting manufacturing and lower energy costs. The CBI, which had called it a “make-or-break” Budget, said it “will put wind in the sails of business investment, especially for manufacturers”. Director-general John Cridland, pictured, said it had come at a critical time in the...
The biggest talking point for the property sector from today’s Budget was about a measure that was not even mentioned – reform of business rates. Property industry figures – and most mainstream business lobbying groups – have been urging the Chancellor to overhaul a system they see as extremely unfair and a brake on...
The area's drinks industry cheered the Chancellor’s decision to lower the duty on beer by 10p and to freeze it on cider in this year’s Budget along with his decision to scrap the duty escalator which aims to automatically increase the tax on alcohol. National Association of Cider Makers (NACM) chair Paul Bartlett said:...
Chancellor George Osborne delivered a major boost to the region’s exporters in his Budget today by announcing the amount of lending available to the UK firms doing business overseas will be doubled to £3bn. Interest rates charged on that lending will also be cut by a third, he said. And he gave some help...
55 Minutes the Chancellor took making his Budget speech today 5 It was Mr Obsorne’s fifth Budget since he became Chancellor in 2010 £2,000 The amount that working families will be able to claim to subsidise their childcare, announced yesterday ahead of the Budget £6.50 New rate for the National Minimum Wage to be...
Economy will be £16bn larger than was forecast just four months ago, says Chancellor Budget will support manufacturers and back all regions of the country. Economy recovering faster than forecast GDP forecast to grow by 2.7% this year and 2.3% next year, then by 2.6% in 2016 and 2017 and by 2.5% in 2018...
Staff from Swindon-based fibre optic and cable manufacturer AFL have helped improve the area around a restored stretch of the town’s historic canal. AFL partnered with the Wilts and Berks Canal Trust to plant more than 150 native British trees and hedgerows alongside the canal at Mouldon Hill. The project was part of AFL’s...
Business West has called on Chancellor George Osborne to use today’s Budget to focus on youth employment, training and enterprise – all crucial to securing future growth and avoiding a ‘lost generation’ as the UK economy continues to recover, it says. In its 2014 Budget submission, the business support organisation, which runs the Swindon...
Swindon and Marlborough-based law firm Withy King has raised more than £7,000 for Prospect Hospice by offering its professional services free of charge in exchange for a donation to the charity. More than 50 people asked Withy King to update or make their will in support of Prospect’s ‘Make a Will Month’, with the...
