Budget ‘good for business’

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LAST month’s Budget will be good for business, according to more than eight out of ten attendees at a Budget business seminar, held at the Sheffield offices of accountants Grant Thornton.

Two thirds of businesses predicted their position would improve over the next year and just five per cent expected things to get worse.

Office managing partner Garry Meakin said: “This Budget gives Sheffield City Region the opportunity to out-perform other parts of the UK.

“Manufacturing and exports are expected to play key roles in re-balancing the economy, both of which this city is very good at. We were one of the first Local Enterprise Partnerships and we will be one of the first Enterprise Zones. We have a very strong offering to Government and it is vital that we grab this opportunity for Sheffield.

“The first challenge is to submit a compelling Enterprise Zone proposal to Government and that should be the urgent business focus for the City Council and the newly formed Local Enterprise Partnership.”