Budget 2018: Some rousing rhetoric but light on detail

By October 29, 2018Opinion

Commenting on today’s 2018 Budget, our head of business development, Danny Harrison, said:

“The Chancellor talked about delivering a budget for the people who open up factories each day and, while there was certainly some rousing rhetoric on investing in UK productivity, the speech was a little light on the detail of these measures.

“Plans to increase the National Productivity Fund are certainly welcome, especially as the UK prepares to leave the EU. Putting UK manufacturing in the best possible shape to compete on the global stage is imperative and making it easier for employers to invest in the future skills pipeline by reducing the fees for apprenticeship training is also a step in the right direction.

“This was heralded as Budget for Britain’s future. However, with a Brexit deal still to be negotiated, the Chancellor himself alluded to uncertainties ahead and we could well be sitting down to another Budget in the Spring if a deal is not agreed.”

Leave a Reply