image credit: Adobe Stock

Budget 2023: Industry Reacts to Government Plans for SMEs, Tech and AI

March 15, 2023


Annual tax-free pension allowances raised, tax cuts on draught pints, frozen fuel duty, utilising ‘environmentally sustainable’ nuclear power to reduce energy costs and avoiding a 2023 recession all featured in the Chancellor of the Exchequer’s budget.

While much of the country welcomes measures to address rising interest rates, and rising energy and living costs, many also recognised that significantly enhanced support and investment are required to help SMEs and encourage innovation.

Read More on The Fintech Times