Chancellor's Spring Statement

Posted on 23 March, 2022 by [Anonymous] [Anonymous]

Responding to the Chancellor's Spring Statement, ADS Chief Executive Kevin Craven said:

 

“Today’s statement recognises the economic pressures facing UK households, workers and businesses.

 

“Alongside measures to mitigate the impact of rising costs of living, accelerated measures to support decarbonisation and reform R&D tax relief will encourage UK businesses to invest in sustainability and innovation.

 

“The Chancellor has signalled he will consider future changes to improve the operation of the Apprenticeship Levy and to further incentivise business investment through the tax system, measures that would be supported across our industries.”