Ahead of the Chancellor's announcement tomorrow local businesses have shared their concerns and hopes for the budget.
Oliver Hudson is a managing director at an estate agent in Hessle. He wants:
- the stamp duty holiday for first time buyers to be extended on Wednesday to encourage movement in the housing market.
- lending to be speeded up once people have been assessed for a loan. He says delays can put people off buying altogether
Rainer Barnes would like to see:
- beer duty frozen and tax cuts so people have more money to spend
- loans for small businesses to help them develop and grow, which would ultimately result in more jobs and taxes.
David Hilton wants more confidence in the UK economy, which would hopefully lead to more employment. He wants to see:
- a reduction in fuel costs; a 1p rise in the cost of fuel makes £1000 per week difference to his outgoings.
- improved infrastructure