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:
- 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 firstname.lastname@example.org from your company email account.