A poeira agora se estabeleceu na declaração de outono dos Chanceladores, e parece que ele alcançou seu principal objetivo - que era acalmar os mercados e provar aos investidores e a comunidade internacional em geral que os 'adultos' estavam de volta no comando. Certamente, o ingresso de Sunak/Hunt não assusta os cavalos da maneira como a liderança de treliça/kwarteng. E, em grande parte, muitos na comunidade empresarial sentirão a dor. Mas eu sugeriria que ele corrigiu demais o que era claramente um mini orçamento catastrófico proferido por seu antecessor. Uma extensão para o re-pagamento de termos de revolta; manter o corte de seguro nacional para empresas com um faturamento inferior a 5 milhões de libras; E mudanças nas taxas de IVA para o mais atingido dos setores, a hospitalidade são apenas algumas das iniciativas que ele poderia ter adotado.
Interest rates look set to stabilise, and the value of the pound has steadied too. Certainly, the Sunak/Hunt ticket does not scare the horses in the way the Truss/Kwarteng leadership did.
That being said, Hunt was not kidding when he said the measures he was being forced to take would hurt. And, in no small part, many in the business community will feel the pain.
Not yet recovered from the shockwaves of Brexit and the pandemic – and still suffering the consequences of the conflict in Ukraine – there were few, if any, crumbs of comfort for businesses in the Chancellor’s announcement.
Given the dogs dinner he inherited, he will argue that he had little option. But I would suggest that he has over-corrected what was clearly a catastrophic mini budget delivered by his predecessor.
Within all the spending cuts and tax increase, Jeremy Hunt offered nothing in terms of short-term support for struggling companies. An extension to re-payment terms for bounce back loans; maintaining the National Insurance cut for firms with a turnover of less than £5million; and changes to VAT rates for the hardest hit of sectors, hospitality are just some of the initiatives he could have adopted.
e onde estava seu plano de crescimento? As terras altas do Sol do Brexit deveriam trazer um facão para as faixas da burocracia, burocracia e regulamentação que as empresas agora suportam. Não há evidências de que isso aconteça. Talvez a idéia de um número menor de distritos de inovação seja restaurada pela nova liderança? Eles precisam ser, principalmente por causa dos milhões de libras, as autoridades locais gastaram no desenvolvimento de lances para a nova oportunidade de investimento que eles foram informados estava chegando. A robustez de alguns de seus colegas que queriam que o governo abandonasse o HS2. A infraestrutura ferroviária do país está desmoronando e precisa urgente de investimento e modernização. Vamos torcer para que, quando ele entregue seu primeiro orçamento em março, Jeremy Hunt acalmou os mercados suficientemente para oferecer uma gama mais positiva de políticas. Se ele não o fizer, muitos dos S no espaço das PME não sobreviverão 2023.
Investment Zones have, we think, been abandoned. Perhaps the idea of a smaller number of innovation districts will be restored by the new leadership? They need to be, not least because of the millions of pounds local authorities spent developing bids for the new investment opportunity they had been told was coming.
And even if it is necessary to tax company directors pay until the pips squeak, it would be a good idea for a Conservative government to indicate how long such a business-unfriendly fiscal approach is likely to stay in place.
It was good to see that Hunt pushed back against the short sightedness of some of his colleagues who wanted the government to abandon HS2. The country’s rail infrastructure is crumbling and is in urgent need of investment and modernisation.
I welcome too, the devolution ‘trailblazer’ deals for Greater Manchester and the West Midlands.
But by and large, this was an uninspiring statement that lacked vision, ambition, or a plan for growth. Let’s hope that by the time he delivers his first budget in March, Jeremy Hunt has calmed the markets sufficiently to deliver a more positive range of policies. If he doesn’t then many of the S’s in the SME space will not survive 2023.
