Following today’s Budget statement by the Chancellor, Miles Celic, Chief Executive Officer, TheCityUK, said,
“The Chancellor has fired the starting gun to deliver the government’s priorities over the next four years. Driving growth and investment remains the key challenge here in the UK. Our services sector is central to addressing this challenge, with financial and related professional services in particular a key part of the tool kit to deliver nationwide growth. The Chancellor has taken a broadly balanced approach on tax, sought to further bolster devolution and set out some positive measures to attract investment – but the detail behind the headlines is key. It is vital that these are all addressed through a lens of long-term international competitiveness. We urge the government to consult closely and swiftly with industry and we look forward to partnering with them to delivering the growth this country needs.”