The Chancellor’s latest statement might not have been the big bang of the Autumn Budget, but it still contained some important wins for UK business
The Spring Statement may have been sandwiched between Prime Minister’s Questions and a vote on no deal Brexit on Wednesday 13 March and while much of the media attention was understandably on Brexit, there were nonetheless some good announcements for business to be aware of. Despite the nature of this low-key fiscal event – no new tax announcements, no new spending announcement, no formal submission - there were still a few wins for the CBI, and some positive news for business.
On enabling a low carbon future
We saw some real action on the move to a low carbon economy with the future proofing of all new homes with low carbon heating by 2025, something the CBI has long called for, following member interest.
In the Stepping up the future report in 2017, the CBI, after extensive consultation with members outlined how a refreshed plan coupled with the right mind-set can maximise the opportunity of the low-carbon tra