Blog: The Budget – Friend or Foe?

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As the Chancellor of the Execquer delivered his annual budget today, it was interesting to see how the government will support what’s important to us and our industry. What about help for SME’s, apprenticeships and the larger housing and construction sectors?

The reduction in corporation tax, the reduction of Severn Crossing tolls and the freezing of fuel duty is good news for the company. The increase on the personal allowance is good for all our staff.

There will be significant investment within the South West residential sector which is a very welcome development but what about the greater construction industry?

We still face daily struggles as a small business, as a company operating within the stone and construction sector and as a company that feels passionately about its staff. So, perhaps the Chancellor needs to promote a real belief in British products and manufacturing and Apprenticeships so that young people both now and in the future have an opportunity for employment, encouraging them to develop traditional skills.

The Chancellor repeated that it was a budget for the next generation – housing, construction and manufacturing is key to the country’s future success but we need to make sure it’s built on stronger foundations.

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