Following the Chancellor’s Comprehensive Spending Review, Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting at The Chartered Institute of Management Accountants, said:
“Businesses thrive on certainty, and the Chancellor’s Comprehensive Spending Review, particularly the focus on key infrastructure projects and the funding boost for R&D, has the potential to boost productivity and create a more favourable environment for growth. Let’s hope this positive momentum is not lost by the temptation to place additional tax burdens on businesses in the upcoming Autumn Budget.”
Find out more about CIMA’s policy recommendations on Industrial Strategy, Productivity, and Public Spending here.