EEF: Budget 'still feels like a job half done'

The chief executive of EEF, the manufacturers' organisation, said the Budget statement "still feels like a job half done" despite containing "some helpful measures on business taxation and some signs of re-prioritising spending for growth".

"The Chancellor had over £11 billion of under-spending in his arsenal and should have done more to drive growth now, particularly through accelerating investment in infrastructure", Terry Scuoler said.


Small businesses won't pay NI

Around 450,000 small businesses - a third of all employers - will pay no employer National Insurance next year and corporation tax will be cut by 1% by 2015, George Osborne has announced.