Budget: Rhetoric but No Substance From New Chancellor ; Business Reaction

Summary


West Midlands business leaders last night slammed Alistair Darling's first Budget as an unimaginative "blink and you missed it" exercise.They fear it will do little to help companies become more competitive in cut-throat international markets.

And they also expressed alarm after the Chancellor signalled his intention to put road pricing back on the agenda - just a week after leaders of all the West Midlands boroughs confirmed they would be looking for alternative solutions to congestion.

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Budget: Rhetoric but No Substance From New Chancellor ; Business Reaction

In Birmingham the Budget was described as a "sober exercise which contained few surprises".

Birmingham Chamber of Commerce and Industry said Mr Darling still has a lot to do to prove he is a "Chancellor for business".

BC...

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