A Budget to Gladden the Hearts of Small Businesses

Daily PostJune 23, 2010

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Summary


THE emergency Budget brought a sigh of relief from the Merseyside business community.

Generally, it was felt Chancellor George Osborne had done a good, if unsurprising, job in almost impossible circumstances. Jack Stopforth, Liverpool Chamber of Commerce chief executive, and Carl Cross, investment director at stockbroker Rensburg Sheppards, saw the Budget speech at Cinnamon cafe, in Old Hall Street - and gave their reaction to the Budget speech live on the LDP Business website.

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Extract


A Budget to Gladden the Hearts of Small Businesses

Mr Stopforth welcomed the Chancellor's scheme to help new businesses in countries and regions outside the South East.

He said the Government must give strong support to regions like Merseyside where the public sector employed a large part of the workforce. "It's been a long time since any Government has had a regional policy worth a carrot," he said.

"It has finally been recognised there is disparity across the country.

"You can't just let London and the South East overheat while the rest of the country withers on the vine."

"In the early 90s, capital programmes were cut, and lef...

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