Business groups say challenges remain despite encouraging Budget

The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget.

London: 020 8150 3945

Milton Keynes: 01908 925235


Luton: 01582 250045

Stevenage: 01438 583905

Email hello@adamparkers.co.uk

The UK's business groups warned that challenges remain despite the Chancellor delivering an encouraging Spring Budget.

The British Chambers of Commerce (BCC) said that while the cut to NICs would 'boost jobs' it had failed to 'shift the dial' for business.

Shevaun Haviland, Director General of the BCC, said:

'Following the Autumn Statement this Budget was always set to deliver less for business, although changes to national insurance will provide some momentum.

'However, beyond this there were no major announcements to help shift the dial on conditions for business. Business confidence is improving but the coming months will remain challenging for many companies. It is vital that the economy remains front and centre of the campaign to come.'

The Institute of Directors (IoD) branded the Spring Budget 'unremarkable' for businesses.

Roger Barker, Director of Policy at the IoD, said:

'First and foremost, business was hoping for a Budget that would maintain a stable and credible policy framework for business. The Chancellor largely delivered that. However, beyond that, there was little in the announcements that can be regarded as a game-changer for business.'

Meanwhile, the Association of Independent Professionals and the Self-Employed (IPSE) said the Chancellor had 'failed to address the substantive issues holding the self-employed back'.

Andy Chamberlain, Director of Policy at IPSE, said:

'The self-employed make an enormous contribution to our economy and society, but it could be even greater if the government were to grasp the nettle of IR35 and address the forthcoming impact of Making Tax Digital for Self Assessment.'

Internet link: BCC website IoD website IPSE website

acca.png quickbooks.png xero.png freeagent.png
About our team

We are an experienced and approachable group of professionals passionate about helping businesses thrive. We’ll listen to your ideas, problems, and queries to find the best solution based on your requirements. We'll also ensure that we’re always available to discuss your finances. With a range of specialisms and several years of finance experience between them, you can be sure that the right people are looking after your company affairs.

More about us

London Office
3rd Floor, 45 Albemarle Street
Mayfair
London
W1S 4JL

Tel: 020 8150 3945

Milton Keynes Office
590-598 Elder Gate
Milton Keynes
MK9 1LR

Tel: 01908 925235

Luton Office
Unit A, Station House
Midland Road
Luton
LU2 0HS

Tel: 01582 250045

Stevenage Office
25 Town Square
Stevenage
SG1 1BP

Tel: 01438 583905

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

© 2025 Adam Parker Limited. All rights reserved. powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.