Member Article

Sensible budget will support North East growth

Giving an instant reaction to today’s Budget, North East Chamber of Commerce policy director Ross Smith said: “The Chancellor promised no quick fixes and he was right to do so. With the North East recovery accelerating, this was not a time for gimmicks that might cause instability.

“What we got was a series of measures that match NECC members’ priorities. Greater support for exporters and energy intensive industries play to the region’s strengths, while measures on skills and capital investment are also welcome.

“Backing for new long haul flights from regional airports could meet another of our top transport priorities if the scope is right.

“This was a sensible budget, and the conditions within which North East businesses can continue their strong contribution to UK growth have been strengthened by these announcements.”

This was posted in Bdaily's Members' News section by North East Chamber of Commerce .