Highlights from our Survey of Business Leaders' Budget Expectations
Ahead of the budget on Wednesday 04 March, Lansons and Opinium polled 500 senior business leaders to gauge their views on current economic support and understand what they want out of the budget.
At first glance, has the Chancellor responded effectively to their needs?
The key findings:
Despite frequent references to the green agenda, net zero investment tended to be highly localised - with the focus on specific projects or development programmes.
There were the first serious steps towards decentralising the Civil Service with the announcement of the National Infrastructure Bank's placement in Darlington and the establishment of Treasury North in Leeds.
The Chancellor has set the UK on course to raise Council tax for the highest earning companies to 25% from April 2023.
The OBR's forecast bears this assessment out, however it suggests that the UK will have recovered to pre-Covid levels by mid 2022, 6 months faster than they suggested in their November forecast.
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