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Spring statement 'slightly surreal event'

 

Read the Chamber's response to Spring statement.

Jonathan Walker, assistant director of policy, North East England Chamber of Commerce said: “Today’s Spring Statement was a slightly surreal event, with the complete lack of certainty over Brexit rendering any growth forecasts meaningless.

“This uncertainty is sapping business confidence and affecting investment. Government must listen to the valid concerns of business and secure a relationship with the EU that protects our firms’ ability to trade with our biggest market.

“Elsewhere the Statement did provide some welcome news for our region. Securing funding for the Borderlands Growth Deal should help to stimulate and sustain economic activity across some of our most rural, yet important communities.”