Budget broadly welcomed by businesses, survey says

Julian Harris
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CHANCELLOR George Osborne received a boost yesterday as businesses responded positively to last week’s Budget.

Almost nine in ten (88 per cent) of corporate respondents said the Budget would aid private sector growth, Barclays Corporate revealed.

Meanwhile a snap poll from the Federation of Small Businesses (FSB) showed that over twice as many, 39 per cent of respondents, thought the Budget would have a positive impact on the economy, compared to the 18 per cent who thought it would harm the economy.

However, the coalition should have gone further with measures to allow business growth, the FSB said.