Budget 2016: The Manufacturer’s coverage
Chancellor George Osborne delivered his eighth Budget this week, with the CBI and EEF all largely positive about the points that were raised.
CBI Director-General, Carolyn Fairbairn commented: “After a year of surprises, this was a stable Budget for business facing global stormy waters. The Chancellor has listened to our concerns and has chosen to back business to grow the economy out of the deficit.” One of the biggest reforms announced was the cut to business rates, which will see around 600,000 small businesses not having to pay rates while 250,000 others can expect to see theirs cut from April 2017.
You can take a look at the major announcements from this year’s Budget by heading here.. http://ow.ly/ZFBHS
Brexit: what if the UK left the EU and could be more like Norway?
As the debate about the UK’s membership to the EU heats up ahead of the referendum, The Telegraph has taken a look at one of the economies which could pave the way for Britain in a possible post-Brexit future.
Norway is just one of the countries included in the ‘Beyond the EU’ series, with its economy, unemployment rates and trading being just some of the main focuses. The debate of the UK’s membership understandably has people across the world split, with some arguing that it would be a pity for the EU to be split, while others believe it could be the shake-up Brussels needs.
To find out more about the possibilities, head here.. http://ow.ly/ZFBMi
79% of manufacturers plan to recruit an apprentice in 2016
According to a new survey conducted by EEF, a record number of firms are looking to recruit a manufacturing or engineering apprentice this year.
Raising awareness has been seen as the key to the increase, with statistics highlighting that manufacturing and engineering accounted for 15% of all apprenticeships started in 2015. Senior Employment and Skills Policy Adviser at EEF, Verity O’Keefe commented: “Manufacturers have a long track record of championing high quality apprenticeships and ensuring that young people enjoy every opportunity to start a satisfying and well-paid career.”
If you’d like to read more, head here.. http://ow.ly/ZFBP1