Sunday, July 14, 2024

Essex Chamber of Commerce pleased with “Overwhelming message” of the budget

THE ESSEX Chamber of Commerce has reacted favourably to the budget presented by the chancellor of the exchequer.

Chief Executive of Essex Chambers of Commerce, said “Today’s announcements have been described by some commentators as a budget for business and we would generally agree with that sentiment. Before the Budget the Chambers nationally had argued for support for apprenticeships and we were delighted that he will be continuing support for these, benefiting both businesses and our young people”.

“We are pleased that the Chancellor recognised the importance of exports and has doubled the amount of lending available for export finance along with a reduction in the interest rates charged. The changes to air passenger duty are also welcomed and will help both tourists and exporters. We noted the announcement about encouraging new routes from regional airports with interest and hope that applies to those in Essex as well”.

“The overwhelming message, though, was about encouraging growth and the changes to investment allowances and energy bills should help create new jobs and sustain businesses across Essex”.



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