Chancellor’s Spring Statement offers little to incentivise business growth
The East Midlands Chamber has renewed its call for supportive policies to encourage firms to invest following the Chancellor’s Spring Statement. The Office for Budget Responsibility (OBR) downgraded its GDP growth projection for 2026 from 1.4% to 1.1% but forecast an increase to 1.6% in 2026 and 2027, while unemployment is predicted to peak this year, before falling. East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “Business needs to be incentivised to invest and grow and while […]
