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UK Budget 2011 - Business & Economy
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Business welcomes boost to investment
‘I think the chancellor has really cemented his message about the UK being open for business,’ says John Cridland, director-general of the CBI employers’ group
Move to stimulate capital spending welcomed
Manufacturers responded warmly to a Budget that produced extra incentives and gave a boost to training schemes, though fell short of expectations on taxation related to energy bills
Chancellor maps route to recovery
Osborne presents his Budget as the chance to move ‘from rescue to reform, and reform to recovery’ underpinned by government’s ‘Plan for Growth’ report
My Budget: Middle England reacts
The Financial Times visited the thriving market town of Warwick to interview a cross-section of its citizens about their current travails and their hopes for the future
Chancellor shakes up UK corporation tax
The chancellor said the cut in the corporation tax rate, to 23 per cent by 2014-15, would give the UK the lowest rate in the G7 and that ‘Britain is open for business’
Focus falls on prospects for growth
Economists are seeking to gauge what effect cuts in government spending will have on the nation’s output – both in the next few months and in years to comet
Tax changes seek to lure back multinationals
The ‘fundamental’ reform of complex rules governing foreign profits has a good chance of stopping corporations from moving their tax bases offshore and may even lure back some that have moved, advisers said
Mixed signals sent to wealthy
The chancellor laid out a welcome mat for entrepreneurs and wealth creators while signalling the government’s determination to be tough on rich tax dodgers
Gilts market buoyed by fiscal pledge
The golden run of the gilts market continued as fund managers were reassured by the George Osborne that the government was committed to its fiscal task
Business hails jobs and growth focus
Business leaders remain concerned about slow recovery, but Osborne attempted to address complaints by outlining a strategy for economic growth
