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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Chancellor should axe all budget statements, say manufacturers

Jeremy Hunt with budget briefcase
Businesses have had to adapt to 26 changes to corporation tax rules since 2019. Photograph: Victoria Jones/PA

The chancellor should axe the annual spring budget and autumn statement in order to provide greater certainty for Britain’s manufacturing industry, according to the main trade body representing the sector.

The head of Make UK is calling for the twice-yearly fiscal events to be dropped as part of a package of calls for the government to overhaul its policies on taxing and spending.

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