Press release
11 March 2020
Pauline Biddle, managing partner, UK regions at Deloitte said:
“This Budget gave some encouraging signals for how the Government plans to boost regional growth and level up the UK economy.
“The proposed consultation on the Green Book is critical to levelling up, and could mark a radical change in the way that investment decisions are appraised. The new ‘mind set’ promised by the Chancellor ensures that the £600bn of capital spending spreads beyond just major cities and, critically, tips away from London and the South East.
“Investment in physical and digital infrastructure and boosting skills are the most pressing concerns for businesses in the UK’s regions, so the announcements around these in today’s Budget start to address those. The key will of course be how quickly the Chancellor can ‘get it done’.’”
@DeloitteUK for live comment;
@DanielFLyons1 for Daniel Lyons, Head of Tax Policy; and
@IanStewartEcon for Ian Stewart, chief economist
Experts from Deloitte are available now and on the day of the Budget for comment. On Wednesday 11 March, please call the Deloitte Media hotline on 020 7007 3333, where you will be directly connected to one of our spokespeople.
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