Economic Outlook no 30 - 2015 Comprehensive Spending Review & Autumn Statement analysis

Our initial reaction to George Osborne’s statement is that it presents a mixed bag for manufacturers in the ceramic sectors. We welcome the establishment of a ‘ceramic valley’ enterprise zone in Stoke-on-Trent, and the Government’s commitment to building more houses over the next five years. However, the failure of the Chancellor to provide certainty on energy costs presents a grim outlook for our members. Moreover, the widening of the apprenticeship levy to catch many more small and medium-sized businesses is very unwelcome.

The more detailed analysis which is available to members only includes:

  • Construction
  • Energy/ emissions issues – renewables exemption
  • Apprenticeship Levy
  • Living Wage
  • Enterprise Zones
  • Innovate UK

Our press release has some more detailed comment too.

If you do not have a user name and password for accessing members-only documents please email soniam@ceramfed.co.uk from your company email account.

 

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