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Responding to the chancellor's Spring Budget delivered today, David Postings, Chief Executive of UK Finance, said:
This is a Budget that rightly continues to focus on delivering growth and supporting businesses and households across the country, key priorities for the financial services industry. “SMEs are the backbone of our economy, and we therefore welcome the new Growth Guarantee Scheme, ensuring these businesses can access the funding they need to invest and grow. “The chancellor’s plans for a new UK ISA will enhance investment in UK companies and increase the levels of retail investment. We welcome his focus on promoting ownership of UK stocks and helping more people save for the long term.
This is a Budget that rightly continues to focus on delivering growth and supporting businesses and households across the country, key priorities for the financial services industry.
“SMEs are the backbone of our economy, and we therefore welcome the new Growth Guarantee Scheme, ensuring these businesses can access the funding they need to invest and grow.
“The chancellor’s plans for a new UK ISA will enhance investment in UK companies and increase the levels of retail investment. We welcome his focus on promoting ownership of UK stocks and helping more people save for the long term.
UK Finance Press Office 020 7416 6750 press@ukfinance.org.uk
06.03.24
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