This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Industry responds to the 2017 Budget statement

23 November 2017

Following Chancellor Philip Hammond's Budget 2017 statement yesterday, a number of industry commentators have responded.

Seen as a cautious announcement by many, the various points included have resulted in a mixed reaction.

Among the more supportive was the response from the Association for Decentralised Energy (ADE), which welcomed support for the existing Total Carbon Price support mechanism.

Director Dr Tim Rotheray said this sends "a clear signal to business energy users on the benefits of efficient onsite generation and energy efficiency which drive reduced costs and carbon emissions to support a globally competitive industry".

He further stated that longer term development of carbon taxation arrangements must be further developed, however, and called for more clarity on government support for the Clean Growth Strategy.

While many workers welcomed the raising of the National Living Wage rate, Textile Services Association chief executive Dr Philip Wright said this would add further pressure to NHS budgets.

He further stated that a wage increase "significantly above inflation" will add more pressure to his association's members having to deal with increased prices for machinery, linen and cleaning chemicals.

BIFM chief executive officer Linda Hausmanis supported the emphasis on skills and training to improve UK productivity, but said the government needs to recognise failings in the system, especially within the Apprenticeship Levy.

"In its current form, the levy is failing to deliver FM apprenticeships due to complex, lengthy decision-making and a focus on process, not outcomes," she said.

Ms Hausmanis also referred to unrealistic funding band decisions, which continue to cause delays in apprenticeships decisions and called for the government to "look again at how funding is allocated" to the FM sector.

EEF chief executive Terry Scuoler said commitment to a comprehensive industrial strategy was a "welcome stiffener" for business and the promise to develop an implementation plan ahead of Brexit was also welcomed.

He also welcomed the extension of the National Productivity Fund for another year, with Ā£31bn allocated to upgrade economic infrastructure.

Overall, the Budget has received a muted reception to date, although experts are continuing to analyse the potential impact with calls for more detail on a number of topics, including those stated above.


Print this page | E-mail this page

MOST VIEWED...


Article image Time to waste

Rebecca Hurry, Key Account Manager at WCRS Ltd, looks at how Glamorgan Cricket Club reduced its waste costs and sent its recycling rates skywards.Full Story...

Article image Exclusive networking opportunity with PFM delegates

PFM magazine will be hosting another visit to the ISE exhibition, following its successful exercise in visiting the 2017 event with a party of 10 senior delegates last February.Full Story...

Drive for Real Leadership spurred by 40th anniversary

Understanding contract costs

CortecĀ® Presents Sound, Environmentally Friendly Water Treatment Alternatives in New Additives Brochure

http://www.fsi.co.uk/concept-advantage.html