CPS: Budget has not done enough for SMEs (Scotsman)

The Centre for Policy studies recommendation for a bigger cut in Corporation Tax went unheeded, reports Bill Jamieson in the Scotsman.

“After weeks of leaks, hints, nods and briefings, one of the most heavily trailed Budgets ever should surely have gone like the proverbial clockwork. The lobbies had been listened to, the press squared and the figures added up, give or take.”

In an analysis of the weeks Budget, Bill Jamieson referred to the CPS’s call for a cut in Corporation to aid and assist business development and provide incentives for new companies to be established in the UK.

“As the Centre for Policy Studies argues in a paper this weekend, Osborne should have been more, much more radical in helping the SME sector.”

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Date Added: Sunday 25th March 2012