Feeds

CBI demands action from Osborne

Budget hopes ahoy

Top three mobile application threats

Business lobby group the CBI warned Chancellor George Osborne that the Budget must focus on helping UK companies grow by improving access to finance, cutting energy costs and increasing exports.

The CBI said the Chancellor should redouble efforts to increase exports. It welcomed recent moves to make export credit insurance more available to smaller firms.

It wants action to improve access to finance for small and medium enterprises. One way to do this would be to make the bond market more accessible to smaller firms by reducing corporate finance and placing fees.

The government could take on some of the risk of such bonds in order to make them more attractive to investors or offer tax incentives to anyone buying bonds from smaller companies.

It also said the Carbon Reduction Commitment should have incentives restored, or else the scheme should be scrapped.

The group called for action on fuel prices - an area in which Osborne has already hinted he may show mercy.

The CBI also wants changes to the Bribery Act which it fears could trap "legitimate business promotional expenditure". It wants evidence of corrupt intent including in the law.

It also wants to restore the two-year wait before staff can take action for unfair dismissal and reform employment tribunals. The CBI also wants to end the 50p tax rate and stop the extension of Air Passenger Duty.

The CBI's open letter to George Osborne is here.

The Budget will be presented to the House of Commons on 23 March. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.