A budget for business
Posted 12 March 2008 at 8:00AM by Ian Betteridge in Investment and finance
It's budget day - one of the most important days in the business year. And, as in every budget, there are going to be winners and losers as the government attempts to balance all the competing needs of the nation.
The strongest rumours suggest that the Chancellor will bow to the inevitable and cut the government's forecasts for growth. This is no real surprise: while the economy doesn't look like it's actually going to move into recession, the squeeze on credit and increased price of oil isn't going to do growth any favours.
Whatever the forecasts, though, the government will need to be very careful that its measures do not increase the burden on one of the main engines of the economy - the country's legion of small businesses.
With an economy that is slowing, it is more important than ever that small companies - and especially new start ups - are supported as far as possible. The tiny company of today can become the major employer of tomorrow - and benefit the whole country.
Tags: bt, bt broadbandoffice, budget, budget day, small businesses, sme, start ups
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2. At March 12, 2008 5:40 PM, Isaac Yankem wrote:
Who cares? How much more expensive will booze be? Isaac needs his whisky!
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1. At March 12, 2008 12:20 PM, Carl wrote: