Pre-Budget comment from South London Business

22nd June 2010

The outcome of George Osborne’s first Budget is the most eagerly anticipated since the early 1980s. Having started to emerge from recession, it is extremely important that the Chancellor, through today’s budget supports this growth by encouraging investment in our business community, provides incentives for existing businesses to invest in growth opportunities and relieves companies of the burden of bureaucracy and red tape that is stifling business, and small companies in particular. 

South London Business looks forward to hearing the detail of the Budget, which we hope reflects the need to encourage and support business growth, whilst at the same time continuing to offer support and training to our existing and future workforce to ensure they have the skills needed to be effective employees.

Peter Pledger, South London Business’ Chief Executive, commented:

“We support the Chancellor’s policy of reducing the deficit, and support the concept of a tough but fair budget. We hope George Osborne will deliver a budget that reduces the deficit but not to the detriment of the business community. South London’s businesses, both large and small, need confidence in the future direction of our economy; they need security to invest in their products and their staff; they need to be relieved of the stifling red tape; and they need a workforce with the right skills to help them trade through the recession”

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