BUDGET: Dorset business leader calls on Chancellor to 'do the right thing'
The Chief Executive of Dorset Chamber wants help for Dorset businesses in tomorrow's budget
The Chief Executive of Dorset Chamber is calling on the Chancellor to make the right decision on investment, tax and support in tomorrow's budget.
A public sector pay freeze is being lifted by the Chancellor which means a rise for millions of workers is on the table for next year.
However the final decision which will effect the pay of nurses, teachers and the police will be made by independent review bodies.
Yesterday he revealed the minimum wage is also being increased, but unions warn it'll largely be swallowed up by rising living costs
Dorset Chamber Chief Executive Ian Girling said:
“Clearly we are at a critical point in our economic recovery from the pandemic.
“Supply chain problems persist and severe recruitment challenges remain in many sectors while there’s huge pressure in terms of rising costs as the spectre of higher inflation continues to loom large.
“The furlough scheme has just ended and there are serious concerns about the resurgence of Covid infection rates which could trigger tougher restrictions.
“This cocktail of factors makes it a very difficult time for businesses, including those in Dorset, so it is crucial that the Chancellor Rishi Sunak makes the right decisions on investment, tax and support.
“Helping businesses survive and get back to growth is critical to the nation’s hopes of economic recovery and long-term prosperity.”