Financial Times FT.com

Chancellor’s focus on skills welcomed

By Jean Eaglesham,UK Business Editor

Published: March 23 2006 16:39 | Last updated: March 23 2006 16:39

The business reaction to the Budget was distinctly luke- warm, with relief at the absence of punishing new taxes tempered by a sense that the chancellor had missed an opportunity to bolster his rhetoric on boosting Britain’s competitiveness with concrete measures.

Leading business figures were united in praising Gordon Brown’s emphasis on improving skills and education, including new initiatives to encourage entrepreneurship in young people.

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