What the Chancellor announced, where the CBI had impact and what it means for your business
The CBI’s Autumn Budget campaign asked the new government to deliver long-term sustainable growth – even when weighing up tough fiscal choices. The Chancellor set out a more balanced approach to the fiscal rules, which should help to unlock private sector investment in UK infrastructure and support the net zero transition over the long term.
In our Autumn Budget 2024 submission, we set out a comprehensive package of policies that would deliver benefits across different areas of the economy, focused on boosting productivity and business investment, supporting the transition to net zero, and optimising enablers of growth.
As a result, the Budget built on some of our asks, including announcements on the Corporation Tax Roadmap, which will help provide certainty and predictability within the tax system for businesses. This sat alongside a programme of increased public investment, including in infrastructure, which is key to unlocking growth.
However, in the short term, this is a tough Budget for busi