Did Budget herald new dawn for investment?

There has been a fair bit of uncertainty around the UK’s financial landscape of late, but amid everything, therecent Budget has actually delivered something many business owners have been waiting a long time for, at least according to Rory Crisp-Jones of Jones & Co Finance. After two years of economic hesitation, SMEs finally have a more predictable fiscal landscape and with it, a genuine incentive to invest.

A steady corporation tax rate, improved capital allowances, and renewed support for growth, innovation and skills gives UK businesses reasons to be cautiously optimistic. According to a  survey by Barclays, while many firms paused investment ahead of the Budget, 42% agree it has given them a clear and stable direction for future plans, while 38% of businessesthat delayed investment until the Budget now plan to increase it.

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