“The likely damage to our industry is limited but there was nothing in it to help to address our pressing needs caused by energy price rises and talent shortages. Comment on the Chancellor’s Autumn Statement from beam

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Simon Richards, Finance Director of beam and Managing Director of Convenus commented on the Chancellor’s Autumn Statement;

“The likely damage to our industry is limited, as we hoped it would be, but there was nothing in it to help to address our pressing needs caused by energy price rises and talent shortages.

“The cut in dividend allowances was no greater than we feared while the Chancellor is even providing tax cuts to ‘”soften the blow” of business rate revaluation, which will affect some of our members.

“However, we need government support in some way to attract more people into our industry to fill the many exciting career opportunities we offer. Sadly there was nothing today.”