Responding to the Spring Budget, BusinessLDN Chief Executive John Dickie said:
“The focus on pre-election giveaways meant this Budget fell short of what Britain needs to grow. Reviews of productivity, pledges when resources allow and constant chopping and changes on tax just don’t cut it.
“The package of reforms for pension funds and savers was a bright spot that will help unlock a much-needed capital boost into British business.
“But the failure to provide Transport for London with a multi-year funding deal on a par with other city regions was a missed opportunity to spur growth both in the capital and across its UK-wide supply chain.”