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Business groups broadly cheer Chancellor’s commitment to industry

“Mr Hammond announced on Tuesday that the Government had marginally revised up its growth forecast and slightly decreased its public sector net borrowing prediction” writes Josie Cox for The Government and businesses will need to work together across sectors and supply chains to spread best practice and make sure magpies win the day.”. The Chancellor is right to recognise the importance of this to our future productivity performance,” she said. “Great businesses act like magpies, collecting new ideas to boost productivity.Some of the UK’s most influential trade bodies have welcomed Philip Hammond’s commitment to bolstering businesses in his Spring Statement, but have also warned that more still needs to be done to support companies as the UK hurtles towards Brexit.

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