Chancellor's statement - local business reaction

Workers at the Moulton Bicycle Company in Bradford on Avon

The Moulton Bicycle Company is one of many keeping a close eye on what the Chancellor had to say this morning.

The small business in Bradford Upon Avon makes top of the range bikes - starting price is around £900 - all the way up to around £16,000.

The Moulton Bicycle Company in Bradford on Avon makes top of the range bikes

They export around 90% of what they make from their workshops, which have been up and running since the 60s.

A member of the Moulton sales team got back from China yesterday, where they accompanied the Prime Minister and more than 100 other British business people.

Company Director John Macnaughtan says he supports any moves that make exporting easier and more profitable for UK businesses:

John Bevir went to visit the workshop at the Moulton Bicycle Company...