Sussex businesses approval to Chancellor's Autumn Statement

Chancellor of the Exchequer George Osborne

Chancellor of the Exchequer George Osborne

First published in News by

Leading business figures in the county have given a cautious thumbs-up to the Autumn Statement from the Chancellor of the Exchequer.

Among the measures unveiled by George Osborne were a cut in corporation tax to 21% in April 2014 and billions of pounds of infrastructure projects.

Tony Mernagh, executive director at the Brighton and Hove Economic Partnership, said: “The additional £2 billion on infrastructure projects is welcome.

"It is a pity it couldn't be more, but since it is being taken from existing departmental budgets perhaps that's a blessing.

“The freeze on fuel duty was widely forecast but enhanced increase in personal allowance wasn't.

“This is a good move when disposable incomes are stretched. I am surprised there are no changes to high-end property taxes which would have pleased Liberal Democrats in the absence of a mansion tax.”

Nick Handley, executive chairman of Sussex Enterprise, the county's chamber of commerce, said: “The extension of the small business rate relief, a further reduction in corporation tax to 21% and the abolition of any short term fuel tax rise should benefit all businesses.

“On the down side, however, the lack of response to the recommendations made in Lord Heseltine's recent review on growing the economy is very disappointing.”

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Comments (14)

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11:02am Thu 6 Dec 12

Ballroom Blitz says...

Well, if Sussex businesses 'approve', we have all had it.
Corporation tax REDUCED, to 21%. It's 30% in France and 40% in the USA. Just another little perk for his public school buddies in the City.
Welfare payments, normally increased in line with inflation, pegged at 1%. So the rich get richer, and the poor and disadvantaged suffer.
It's disgraceful. The poor are being made to pay for the sins of the bankers, who still continue to collect massive bonuses, whether they perform or not.
Revolution is what is needed.
Well, if Sussex businesses 'approve', we have all had it. Corporation tax REDUCED, to 21%. It's 30% in France and 40% in the USA. Just another little perk for his public school buddies in the City. Welfare payments, normally increased in line with inflation, pegged at 1%. So the rich get richer, and the poor and disadvantaged suffer. It's disgraceful. The poor are being made to pay for the sins of the bankers, who still continue to collect massive bonuses, whether they perform or not. Revolution is what is needed. Ballroom Blitz
  • Score: 0

11:16am Thu 6 Dec 12

Orlando Faark says...

Pensioners to receive an additional turnip each year in recognition massive energy price hikes (concerns about market rigging seem to have been hushed up rather well) and massive cuts to the NHS aimed at tackling the problem of people living longer.
Tories are all the same - greed and stupidity...until it's their turn to play 'death on a trolley' in a hospital forced to divert resources to private companies that don't cover the full costs of the NHS. When that happens their glorious rulers need only spout something about 'illegal imigrants' to retain the devotion of their oafs.

If only Labour were not such incompetent twits or equally grasping scroungers.
Pensioners to receive an additional turnip each year in recognition massive energy price hikes (concerns about market rigging seem to have been hushed up rather well) and massive cuts to the NHS aimed at tackling the problem of people living longer. Tories are all the same - greed and stupidity...until it's their turn to play 'death on a trolley' in a hospital forced to divert resources to private companies that don't cover the full costs of the NHS. When that happens their glorious rulers need only spout something about 'illegal imigrants' to retain the devotion of their oafs. If only Labour were not such incompetent twits or equally grasping scroungers. Orlando Faark
  • Score: 0

11:49am Thu 6 Dec 12

Surely not! says...

We have the government we deserve... you only have to read most of the comments on the Argus website to realise that. As long as people refuse to think things through and parrot the socially accepted mantras, fed to them by the media, designed to divide them into little warring factions, our leaders will continue in this vein. Osbourne is an idiot and a fool, but so long as we continue to be bigger idiots and bigger fools, he and his masters will be laughing all the way to the bank.
We have the government we deserve... you only have to read most of the comments on the Argus website to realise that. As long as people refuse to think things through and parrot the socially accepted mantras, fed to them by the media, designed to divide them into little warring factions, our leaders will continue in this vein. Osbourne is an idiot and a fool, but so long as we continue to be bigger idiots and bigger fools, he and his masters will be laughing all the way to the bank. Surely not!
  • Score: 0

12:14pm Thu 6 Dec 12

FC says...

Most people commenting on here probably voted for the Tories. Or didn't vote at all. So, it's your own fault if you're "on the bread line".
Most people commenting on here probably voted for the Tories. Or didn't vote at all. So, it's your own fault if you're "on the bread line". FC
  • Score: 0

12:47pm Thu 6 Dec 12

Ballroom Blitz says...

FC wrote:
Most people commenting on here probably voted for the Tories. Or didn't vote at all. So, it's your own fault if you're "on the bread line".
I didn't vote Tory, or thought I hadn't. I voted lib dem, but my vote was hijacked without my permission, and used to support a party I have never, and will never vote for.
The Tories couldn't ever stage an outright win even though they were up against the least popular labour administration in decades.
Lesson learnt.
[quote][p][bold]FC[/bold] wrote: Most people commenting on here probably voted for the Tories. Or didn't vote at all. So, it's your own fault if you're "on the bread line".[/p][/quote]I didn't vote Tory, or thought I hadn't. I voted lib dem, but my vote was hijacked without my permission, and used to support a party I have never, and will never vote for. The Tories couldn't ever stage an outright win even though they were up against the least popular labour administration in decades. Lesson learnt. Ballroom Blitz
  • Score: 0

2:37pm Thu 6 Dec 12

Dave in Hastings says...

"Sussex businesses approval to Chancellor's Autumn statement".

So the Argus is now a propoganda mouthpiece for the most inept, corrupt, mendacious government in over a century. This lot make Thatcher look like a beacon of humanity.

How about this for a headline Argus: "The idiot Osborne once again gives his corporate chums a massive tax giveaway, whilst attacking the most vulnerable people in society".
There! That's a bit more honest isn't it?
"Sussex businesses approval to Chancellor's Autumn statement". So the Argus is now a propoganda mouthpiece for the most inept, corrupt, mendacious government in over a century. This lot make Thatcher look like a beacon of humanity. How about this for a headline Argus: "The idiot Osborne once again gives his corporate chums a massive tax giveaway, whilst attacking the most vulnerable people in society". There! That's a bit more honest isn't it? Dave in Hastings
  • Score: 0

5:07pm Thu 6 Dec 12

Hoarder12345444 says...

Dave in Hastings wrote:
"Sussex businesses approval to Chancellor's Autumn statement".

So the Argus is now a propoganda mouthpiece for the most inept, corrupt, mendacious government in over a century. This lot make Thatcher look like a beacon of humanity.

How about this for a headline Argus: "The idiot Osborne once again gives his corporate chums a massive tax giveaway, whilst attacking the most vulnerable people in society".
There! That's a bit more honest isn't it?
Yeah nice comment. I didn't vote Tory, I voted Labour. For all labours issues, spending too much and immigration, at least times were good under them from 1997 until about 2008. There was growth and prosperity. But far too many benefit scroungers and not enough regulation, which lead to the problems. Now we have about 2.5 million jobless, loads on benefits and AN ABSOLUTE OBSESSION with the deficit, which in actual fact, is not that bad.


I yearn for them to focus on GDP growth, get the economy back to full health, invest and move forward, not just savage cuts. Some of the statement I liked, some I didn't I work, so the benefits increases mean nothing to me. It's a mixed back. It should be an incentive for people to go out and work instead of sitting on benefits doing nothing and being a burden and cheating the tax payer. Benefits have been way too generous to people for too long, and I agree they should be capped. How else will you get people to work? Benefit scoungers are lazy pathetic excuses of humanity. Get a job and earn your keep. Benefits should be for people who need it. This probably will affect real benefit claimants, real disabled people, which is wrong.


I don't agree that the rich will pay more, a lot avoid tax. That must be stopped. Good to see some inroads made, but not enough. Rich people who avoid tax are the worst of the worst. That's getting rich and sticking the finger up at the very country you live in, its disgusting. They should be imprisoned.
[quote][p][bold]Dave in Hastings[/bold] wrote: "Sussex businesses approval to Chancellor's Autumn statement". So the Argus is now a propoganda mouthpiece for the most inept, corrupt, mendacious government in over a century. This lot make Thatcher look like a beacon of humanity. How about this for a headline Argus: "The idiot Osborne once again gives his corporate chums a massive tax giveaway, whilst attacking the most vulnerable people in society". There! That's a bit more honest isn't it?[/p][/quote]Yeah nice comment. I didn't vote Tory, I voted Labour. For all labours issues, spending too much and immigration, at least times were good under them from 1997 until about 2008. There was growth and prosperity. But far too many benefit scroungers and not enough regulation, which lead to the problems. Now we have about 2.5 million jobless, loads on benefits and AN ABSOLUTE OBSESSION with the deficit, which in actual fact, is not that bad. I yearn for them to focus on GDP growth, get the economy back to full health, invest and move forward, not just savage cuts. Some of the statement I liked, some I didn't I work, so the benefits increases mean nothing to me. It's a mixed back. It should be an incentive for people to go out and work instead of sitting on benefits doing nothing and being a burden and cheating the tax payer. Benefits have been way too generous to people for too long, and I agree they should be capped. How else will you get people to work? Benefit scoungers are lazy pathetic excuses of humanity. Get a job and earn your keep. Benefits should be for people who need it. This probably will affect real benefit claimants, real disabled people, which is wrong. I don't agree that the rich will pay more, a lot avoid tax. That must be stopped. Good to see some inroads made, but not enough. Rich people who avoid tax are the worst of the worst. That's getting rich and sticking the finger up at the very country you live in, its disgusting. They should be imprisoned. Hoarder12345444
  • Score: 0

5:17pm Thu 6 Dec 12

Idontbelieveit1948 says...

Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got.
Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got. Idontbelieveit1948
  • Score: 0

6:26pm Thu 6 Dec 12

Orlando Faark says...

Idontbelieveit1948 wrote:
Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got.
Didn't your glorious leaders make fortunes in providing schemes to avoid paying tax and then went about lecturing ordinary people on morals - whilst doing little more than shrug when large companies pay next to no tax?

All this whilst borrowing and spending more money than ever (that you say we haven't got). They've made some very rich tax avoiders even richer, as promised.

I'm proud to pay tax so we don't have to see people in genuine need suffering. These oiks are just as clueless but seem a bit more twisted as well.

The NHS is being whittled away and effectively privatised. Whilst Cameron is trying to increase already massive overseas aid payments - India even politely declined his strenuous efforts to hand over more money recently suggesting he should deal with poverty in the UK...whilst they invested heavily in their own space satellite exploration initiatives which brings us nicely on to ask which planet you are on.
[quote][p][bold]Idontbelieveit1948[/bold] wrote: Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got.[/p][/quote]Didn't your glorious leaders make fortunes in providing schemes to avoid paying tax and then went about lecturing ordinary people on morals - whilst doing little more than shrug when large companies pay next to no tax? All this whilst borrowing and spending more money than ever (that you say we haven't got). They've made some very rich tax avoiders even richer, as promised. I'm proud to pay tax so we don't have to see people in genuine need suffering. These oiks are just as clueless but seem a bit more twisted as well. The NHS is being whittled away and effectively privatised. Whilst Cameron is trying to increase already massive overseas aid payments - India even politely declined his strenuous efforts to hand over more money recently suggesting he should deal with poverty in the UK...whilst they invested heavily in their own space satellite exploration initiatives which brings us nicely on to ask which planet you are on. Orlando Faark
  • Score: 0

7:23pm Thu 6 Dec 12

Surely not! says...

Point proved I think
Point proved I think Surely not!
  • Score: 0

9:02pm Thu 6 Dec 12

HJarrs says...

Idontbelieveit1948 wrote:
Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got.
Wow! Somebody actually admits voting for this lot! Come on Dealing with idiots, where is your message of support for your chancellor.

This government is the most inept by a country mile. Every policy badly thought through and disasterous for the economy - and this is our rich Etonian Oxbridge elite!
[quote][p][bold]Idontbelieveit1948[/bold] wrote: Phew ! I'm glad you lot above aren't in charge you seem to have forgotten all the cr*p served up by Bliar and Prudence and presumably long for Wallace's double and Ed Ballsup to spend spend spend what we haven't got.[/p][/quote]Wow! Somebody actually admits voting for this lot! Come on Dealing with idiots, where is your message of support for your chancellor. This government is the most inept by a country mile. Every policy badly thought through and disasterous for the economy - and this is our rich Etonian Oxbridge elite! HJarrs
  • Score: 0

6:53am Fri 7 Dec 12

Maxwell's Ghost says...

Come on you lot. There's not really a great deal of difference between the parties almost all of them in central and local Government have focused on policies to help the rich and I would include the Greens in that.
I am reasonably well off and would be happy to give more to the poorer section of society however this council wants the money for its vanity projects which leave the poor out in the cold.
I will not give money to a group who have strangled a revenue stream, rebuild cycle lanes which are already adequate to serve two unis which are closed for months on end and whose students don't pay council tax, a council gives money to a viewing platform for a private company, which local poor families will never use, etc
It beggars belief, but they are no different from the other parties but perhaps that is because of the demographic of the councillors. Most are middle class, arty **** types who have never worked in UK industry or come from poor backgrounds.
I am sure the families in Moulsecoomb are delighted to have a new cycle lane..... now where's the money for bikes, gloves, hats, lights and even the batteries for lights.
Or you could spend £4.20 to get to the supermarket on the monopoly bus service which puts up fares unapposed which is granted swathes of land owned by local people to make profit for its private shareholders. Are you all mad? Where is the competition, where are the tolls on this company to pump into reduced fares?
This city is becoming elitist with its parking prices for the rich, seafront activities, the wheel the i360 which cost about £20 a family, its festivals which all cost to get in, it's monopoly bus service where a bus after 7pm onto some estates is as rare as hens teeth.
You are living in cloud cuckoo land if you think there are any socialists left.
Red, blue, green are all the same.
The Tories cleanse the poor openly, the Greens and Labour dress it up as community projects.....but only if you can afford the crepe paper.
Come on you lot. There's not really a great deal of difference between the parties almost all of them in central and local Government have focused on policies to help the rich and I would include the Greens in that. I am reasonably well off and would be happy to give more to the poorer section of society however this council wants the money for its vanity projects which leave the poor out in the cold. I will not give money to a group who have strangled a revenue stream, rebuild cycle lanes which are already adequate to serve two unis which are closed for months on end and whose students don't pay council tax, a council gives money to a viewing platform for a private company, which local poor families will never use, etc It beggars belief, but they are no different from the other parties but perhaps that is because of the demographic of the councillors. Most are middle class, arty **** types who have never worked in UK industry or come from poor backgrounds. I am sure the families in Moulsecoomb are delighted to have a new cycle lane..... now where's the money for bikes, gloves, hats, lights and even the batteries for lights. Or you could spend £4.20 to get to the supermarket on the monopoly bus service which puts up fares unapposed which is granted swathes of land owned by local people to make profit for its private shareholders. Are you all mad? Where is the competition, where are the tolls on this company to pump into reduced fares? This city is becoming elitist with its parking prices for the rich, seafront activities, the wheel the i360 which cost about £20 a family, its festivals which all cost to get in, it's monopoly bus service where a bus after 7pm onto some estates is as rare as hens teeth. You are living in cloud cuckoo land if you think there are any socialists left. Red, blue, green are all the same. The Tories cleanse the poor openly, the Greens and Labour dress it up as community projects.....but only if you can afford the crepe paper. Maxwell's Ghost
  • Score: 0

9:52am Fri 7 Dec 12

whereisthe...? says...

Well, well, well... That businesses 'approve of this' (according to the Argus anyway) says everything about the sleazy scum that businesses have now become... profit at ANY expense, no matter who has to suffer, just for that few pence profit more...


Frankly, if you HONESTLY don't see a problem here then you must be either a) Lying, b) A Tory, or c) Ignorant.


Either go away and come back when you can be honest / Leave the nasty party / Get on Google and find out the facts.
Well, well, well... That businesses 'approve of this' (according to the Argus anyway) says everything about the sleazy scum that businesses have now become... profit at ANY expense, no matter who has to suffer, just for that few pence profit more... Frankly, if you HONESTLY don't see a problem here then you must be either a) Lying, b) A Tory, or c) Ignorant. Either go away and come back when you can be honest / Leave the nasty party / Get on Google and find out the facts. whereisthe...?
  • Score: 0

2:56pm Fri 7 Dec 12

Dealing with idiots says...

No business=no jobs=no tax receipts= no benefits for you where is the? Basic economics, go and google that.
No business=no jobs=no tax receipts= no benefits for you where is the? Basic economics, go and google that. Dealing with idiots
  • Score: 0

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