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Boost for Plymouth in the Budget?

The Chancellor is set to deliver a significant boost to Plymouth's economy tomorrow (March 18th) in his last budget before the General Election.

George Osborne is expected to offer businesses tax breaks and generous incentives if they move to an new Enterprize Zone on dockyard land at Devonport.

It's hoped the project will bring a multi-million boost to the local economy and thousands of jobs.

Bob Constantine reports.



Budget reaction: beer duty

The Chancellor's announcement of a reduction in beer duty is being welcomed by some pub owners

Obviously the brewing industry is delighted to see a reduction of 1p per pint in beer duty. This is good news for the counties publicans and brewers. The freezing of duty on Cider and whiskey will also help the regions cider farms and pubs."

– Louise Treseder, landlady for the Driftwood Spars in St Agnes

Air Ambulance welcome VAT relief on fuel

Cornwall Air Ambulance is welcoming the Chancellor's plans to relieve VAT on fuel for Air Ambulances.

Today's announcement is very positive news for us should we choose to buy our fuel direct in the future, and for many of our Air Ambulance colleagues throughout the UK who currently buy their fuel in this way, and have therefore been subject to VAT.

Cornwall Air Ambulance has been a strong supporter of the campaign to relieve VAT on fuel for many years through our collaboration with other Air Ambulances through our national body, the Association of Air Ambulances.

We look forward to continuing to work with MPs - on both a local and national level - to seek further pledges and assurances in the future to help ensure we can provide the best possible service to our patients at the best possible value for our donors.

– Paula Martin, Chief Executive of Cornwall Air Ambulance
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George Osborne's Budget 'passes the business test'

George Osborne's budget passed "the business test", the British Chambers of Commerce has said, as it hailed the Chancellor's focus on investment, exports and house-building.

"Osborne’s focus on investment, exports, house-building and economic resilience passes the business test," Commerce director general John Longworth said.

Chancellor of the Exchequer George Osborne delivers his Budget. Credit: PA Wire

"By making a better business environment his top priority, the Chancellor has recognised that successful and confident companies are the key to transforming Britain’s growing economic recovery into one that is felt in homes and on high streets.

"Business wanted a Budget that was disciplined, focused, and geared toward the creation of wealth and jobs – and that’s what the Chancellor has delivered."

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