2014 Budget Review

|2014 Budget Review

 

2014 Budget Review………..

Chancellor George Osborne has delivered his Budget Statement to Parliament, setting out how the government will secure the recovery and build a resilient economy. The economy is continuing to recover and recovering faster than initial forecasts.  Growth estimates for 2014 have been upgraded, the biggest upward revision to growth between budgets for 30 years.

The government is making a pledge to support businesses to invest, export, and create jobs – laying the foundations for sustainable economic growth.

In brief the 2014 Budget will help British businesses by:

  • doubling the annual investment allowance to £500,000 until the end of 2015
  • offering the best export finance in Europe
  • reducing energy costs, to ensure that the UK remains a competitive location for manufacturing

·         SMEs will also benefit from the Budget after they were handed a £9bn boost.

Recovery is the word on everyone’s lips with increased job security and mobility and wage rises becoming a reality. The recruitment market is changing, competition is stepping up a gear and employers will have to expect to fight for the best candidates and use all tools available to attract new talent and retain existing staff.

For any recruitment support to help you or your business in what we feel  is a recovering and positive market please contact your local Howett Thorpe office; Farnham, Weybridge or Slough, where experienced specialist consultants can provide the very best salary advice and introduce you to the highest calibre candidates and job opportunities.