Tackling deficit and driving growth 'is working'

We have always advocated the dual approach of tackling the deficit and driving growth – the OBR forecasts confirm it is working. Let’s stick with what works.

The pressure on the high street has been recognised; the 2% cap on business rates and discount for very small businesses are positive, as is the reoccupation relief.

Abolishing a jobs tax on employing young people under 21 will make a real difference and help tackle the scourge of youth unemployment.

But it was a missed opportunity not to support our hard-pressed energy intensive businesses which are also struggling with rising costs, and the package on housing supply could have been more ambitious.

– John Cridland, Confederation of British Industry Director-General

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Osborne: Growth figures 'significantly up'

George Osborne has delivering his latest assessment of the state of the economy in the Autumn Statement, announcing that growth forecasts for the upcoming years are "significantly up".