How the Chancellor's Budget plans to help business
New Employment Allowance will take the first £2,000 off the employer National Insurance bill of every company in the country
Around 450,000 small businesses - one third of all employers - will pay no employer National Insurance at all after introduction of Employment Allowance in April next year
Small firms will be given help through Government procurement budgets, growth vouchers and controls on regulators' charges
The Capital Gains Tax holiday will be extended
Corporation tax to be reduced by a further 1% to 20% in April 2015
Small company and main rates of corporation tax merged at 20p
An initiative by three Cumbrian Councils to agree to promote business and employment along the M6 corridor in the county has been praised.Rory Stewart, MP for Penrith and the Border said:
"The M6 corridor project is an excellent example of what we as MPs in Cumbria should be doing more of: working together for the greater good of our county, and putting party politics aside to highlight what we can do, in cooperation, to grow our economy, support our businesses and communities, and generate prosperity for all.
"The M6 is a symbolic road, stretching right through the heart of Cumbria, and is a lifeline to our businesses and industries. We want the M6 corridor to be an example for rural Britain, showing how we can attract investment and development that will power our economy as we move out of recession. I am delighted to be a part of this exciting project.”
Business leaders condemn council decision to allow 36 homes on former creamery site
by Matthew Taylor
The chairman of the Kirkcudbright Chamber of Commerce, Norman Thomson, believes that the former Milklink Processing plant should be kept for industrial purposes.
Business leaders condem housing plan on industrial site
Business leaders have criticised councillors who have approved plans for 36 houses to be built on the site of the former Milklink Processing plant in Kirkcudbright.
The chamber of commerce is objecting because they think the site should be kept for industrial purposes.