The government has canceled a planned corporate tax hike next year but has ruled out a radical property tax reform, which has been criticized by some industry groups.In his budget on Wednesday, Chancellor Rishi Sunak said he would provide businesses in England with an additional £ 7 billion in interest rate support over the next
Steve Foxley, executive director of Sheffield University’s Advanced Manufacturing Research Center, said the Chancellor recognized that science and innovation can help find answers to many of the challenges the region, country and planet are facing.He added: “To achieve net zero carbon emissions, level our regions or respond to health emergencies, we need to invest in
Chancellor Rishi Sunak has been asked to cut business rates.A new study released today by political communications consultancy WPI Strategy, after being commissioned by retailers such as Co-op, Morrisons and Waterstones, warns that many more stores will close without an urgent cut in overall tariffs.Nearly 9,000 stores closed across the country in the first half
Business leaders seem to trust Chancellor Rishi Sunak and approve of his previous economic support. In a pre-budget poll of 500 executives on Wednesday, six in ten said they approve of the government’s economic support measures, compared with just 18 percent who oppose it. And 36 percent think the support was about right, compared to
