The Cast Iron Park Bench

Many business owners including myself were frustrated with the Pre Budget announcement .

I had prayed that the Current Government would have tackled the issues and addressed the important topics such as the on-going dreadful state of the public purse, Public sector earnings, Aiding small companies, boosting saving and investments and encouraging the banks to be practical about lending to business enterprises.

Like most business owners I concur that we need to have a mixture of tax expenditure cuts.

The old line from Gordon Brown is that accelerated cuts in spending would hurt business and strangle the recovery. My thought is that although wholesale rapid cuts could cause a problem with the recovery, the timescales projected is just not quick enough.

It seems that the Chancellor is just playing around the edges of any reform and does not want to sway the boat too much an election.

The effect of accelerative public borrowing can be seen when you look at the Irish Economic State of affairs. The once Celtic tiger has had its claws removed. Present-day cuts in pay are a realism along with bruising proposals to cut back public borrowing.

I nearly choked on my tea on wednesday, whilst watching the six o clock news. Public sector representatives were about a limit on salary increments of 1%.

I would much rather be in that position, as opposed to working for local government or public sector in .

Many small business proprietors have actually taken pay cuts in the last year, due to the economic slowdown.

As ifa’s we offer a Small Business Advice service to our customers on a day-to-day basis. I would have favoured to see a more basic approach to supporting business & small businesses as they are an important part of the UK business framework.