See where the CBI has influenced the government's commitments and what it means for your business.
Today, the new Chancellor delivered his first fiscal event. It came with many labels – fiscal event, mini-Budget, a non-Budget Budget – but ultimately, it set out the government’s bold ambition to reach 2.5% growth. The pro-growth focus of this government is a key win from our campaign to Go for Growth and tackle the UK’s long standing low growth and productivity. We were engaging closely with the Chancellor when he was the BEIS Secretary of State and during the leadership campaign. And we'll continue to do so over the coming weeks and months.
For the Truss government, their economic policy is being built around three central priorities:
- Reforming the supply-side of the economy
- Maintaining a responsible approach to public finances
- Cutting taxes to boost growth.
So, what did the government deliver – both in the speech and in their published Growth Plan – and what does it mean for your business?
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