Business optimism must remain the Chancellor’s priority

As the Chancellor prepares to deliver the 2023 Spring Statement, Ed Rimmer, Chief Executive Officer at Time Finance, shares his predictions for this year’s ‘mini budget’ and what businesses need to see from the Government to boost growth and productivity.

“It’s been a year since the former Chancellor made a series of promises to businesses to put in place measures and funding to boost innovation, skills training, productivity and growth. What this looked like was set to be announced just six months later, at which point a new Prime Minister and new Chancellor had an altogether different agenda. But just two months ago, Jeremy Hunt delivered a speech that got the conversation re-focussed on growth and productivity. He rejected declinism, and talked about the reasons for optimism, giving businesses hope that the Government has a plan for productivity, innovation and economic growth.

Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.

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