Budget comment: FSB Cornwall

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FSB Cornwall chairman Kevin Oliver has given a cautious welcome to today’s Budget, but with reservations.

He said: “There is a lot to welcome in the budget for small business in Cornwall. Rates relief for small units, fuel stabiliser action, reducing employment regulation and a reduction in corporation tax to name but a few.

“The cost of fuel and availability of funding are the main issues being raised with me by our members in Cornwall. The actions to stabilise fuel prices, do away with escalators and penny reduction per litre are all welcome, but it does not go far enough help with the devastating position that has already been reached, which is crippling for those living and working in rural Cornwall.

“There was nothing new announced on funding for small business and what has been announced in the past does not go far enough to have an effect in Cornwall. Let’s hope that more will be done in this regard over the coming months.”

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