Despite the UK’s recent triple-A downgrade, ICAEW’s latest Business Confidence Monitor (BCM) suggests that business confidence is at its highest level since 2011.
Recent pro-growth policies such as the increase in capital investment for infrastructure will make a real difference. But to maintain this momentum, the Budget must go further.
Two years ahead of a General Election, UK businesses require stability and certainty. This Budget is your last chance to make changes that businesses will feel before 2015.
ICAEW Chartered Accountants are the biggest source of business advice; we have 140,000 members supporting over 1.5m UK businesses of all sizes. In the last two months we have asked over 500 business members to highlight how government can improve prospects for growth and business confidence.
Our research reveals three policy priorities for the 2013 Budget – access to finance, export and tax. This pre-Budget submission provides details of their views and additional recommendations.
Download the full submission
ICAEW 2013 Budget Analysis
The following publication provides ICAEW’s immediate policy reflections to the Chancellor’s 2013 Budget. The assessment features broad analysis of the political and economic context, and highlights a range of observations on policy measures related to tax, enterprise and public sector reform.
Download the full analysis