Companies operating out of serviced offices in Cardiff may be interested to hear one body's thoughts on the Budget.
The Forum of Private Business (FSB) believes the short-term measures announced yesterday (March 23rd) by the chancellor of the exchequer will boost enterprise in the UK.
It has been suggested that George Osbourne's plans to cut fuel duty and cancel annual rises will help release cash flow for struggling organisations.
The chancellor revealed that the 1p increase in fuel duty is to be scrapped and a "fair fuel stabiliser" will be implemented by the government to raise tax on North Sea oil production when prices are high.
Other measures that have been welcomed by the FSB include the decision to keep Community Investment Tax Relief and lowering rates for businesses based in the 21 enterprise zones.
However, it was claimed that "a number of opportunities have been missed for real root-and-branch tax simplification" that could have incentivised small companies to lead economic recovery.
