The anticipation was palpable as Philip Hammond made his way to Parliament to deliver his Autumn Budget, but I was left a little flat.
Alongside investment in digital skills, maths training and funding for infrastructure and cities projects that could have some long-term effect on businesses, there were also some announcements that could impact more directly on scale-ups.
According to Phillip Hammond, a new startup is spawned every single hour in the UK. As business owners, we all know that the UK’s 5.5m SMEs are the economic backbone of this country and they play a very significant role in boosting the economy.
With the debut Autumn Budget completed, Real Business has offered a quick and easy read of the event for UK SME leaders in just 500 words.
As part of his Autumn Budget, Philip Hammond revealed a ten-year action plan will unlock the scale-up ambitions of high-growth SMEs with a £20bn investment package.
The Autumn Budget takes place at 12.30pm on Wednesday 22 November 2017 ?Ahead of it, business leaders from across the UK have voiced what they want, and expect, to hear.
There have been calls for law regarding gig economy workers to be further clarified, especially after Uber lost its appeal against two drivers and the potential IR35 changes that await in chancellor Philip Hammond’s next Budget.