Ipswich Chamber: What we want in the Budget
PUBLISHED: 16:58 15 March 2013 | UPDATED: 12:15 20 March 2013
Ipswich Chamber of Commerce asked three key businesses from Ipswich what they think businesses need from the Budget 2013 which will be delivered by the Chancellor on Wednesday March 20, 2013.
Plans to improve Ipswich centre
The chair of Ipswich Chamber of Commerce responds to a recently published draft Ipswich Economic Strategy:
“As our county town it is fundamental both for Ipswich and for the whole of Suffolk that Ipswich has a successful economic strategy that puts it at the heart of the East of England and a place where people want to come and do business.
“The business community believes passionately that Ipswich is unique and must communicate this in its offer to future investors. Any economic strategy must show the principal attractions of the town both now and in the coming years.
“We think perhaps that the proposed strategy period of 14 years is too long for an economic strategy. Business needs must be at the heart of regular reviews, updates and reports to ensure that delivery remains the priority. As we travel across the town and county the issue we hear time and time again about Ipswich for example is the need to ‘join up’ the town centre and the Waterfront. This is essential for a coherent economic and social community and the Economic Strategy must address this.
“We welcome the bold commitment to bring 18,000 new jobs by 2025 and firms large and small will be keen to play a part in making this a reality. Again though there has to be clarity about where those jobs will come from and what sectors we should be seeking out to come to Ipswich.”
Ipswich Chamber Chair
“The SME sector accounts for 49% of UK plc’s turnover. If the economy is to recover then companies like Integrity are going to be the engine room of that recovery. Government needs to encourage SMEs. I would like to see the budget incentivise local authorities to award contracts to local companies. East Anglian money should be spent with East Anglian companies, feeding the local economy.”
Peter Foy of Integrity Managed Services
“A combination of the lack of growth in the economy and the recent Moody’s downgrading would tend to suggest that the Chancellor’s plan has not to date delivered the results which he suggested at the outset. I would like to see a budget which shows that the Chancellor is adopting a stronger emphasis on nurturing growth and confidence in businesses, consumers and lenders.”
Ian Waine of Prettys Solicitors
“The Chancellor’s Budget has to be truly radical. He has one last chance for growth and needs to be bolder and better than before. Being a retailer here in the centre of the shopping district of Ipswich, I urge Mr Osborne to sort the business rates issue out and stop the High Street shops closing in front of our very own eyes.”
Karen Finch of The Hearing Care Centre
If you value what this story gives you, please consider supporting the Ipswich Star. Click the link in the orange box below for details.