Support for North East businesses welcomed
Published: 2010-06-29 16:14:07
The North East Chamber of Commerce praised the coalition Government’s emergency budget when it was unveiled in June.
Commenting on the budget, James Ramsbotham, North East Chamber of Commerce chief executive, said: “We knew this was going to be a painful budget, but the Chancellor has largely taken the right decisions to safeguard economic recovery by protecting businesses.”
He continued: "George Osborne faced a series of tough decisions in order to address the deficit. We asked him to judge these against an economic recovery test for the North East, and the budget appears to pass this test in a number of key areas.
"The measures introduced in the new budget are intended to provide certainty and stability for the UK’s private sector. The coalition government must now ensure that this stability lasts."
To read the full statement click here.
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