Budget must help business

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Rotherham Chamber of Commerce is calling on Chancellor of the Exchequer George Osborne to use his Budget on March 23 to create an environment in which business can flourish.

Chamber executive director, Andrew Denniff, said: “The Government continues to talk about growth but this has not yet been matched with real action to deliver a strong environment for the private sector to flourish. Local businesses are not seeking handouts but need the Government to create a climate in which they can grow. That means less, not more employment legislation, a greater focus on boosting exports and keeping pressure on the banks to ensure that businesses can get access to finance.

“After nine months of cuts and restructuring, it is time for the Government to take some pro-growth steps. A ‘Budget for Growth’ will be judged by whether it boosts business confidence, encourages investment and rekindles the spirit of enterprise.”

Mr Denniff was speaking as the British Chambers of Commerce predicted average growth in Gross Domestic Product of 1.5 per cent in 2011, down from the forecast level of 1.9 per cent.