ELECTIONS: Somerset Chamber will press whoever is in power to build on Budget promises

THE Somerset Chamber of Commerce has welcomed this week’s report by the Chancellor of the Exchequer which shows a growing British economy.

Chief executive of the Somerset Chamber, Neil Murphy, said that they welcomed this week’s Budget in which Chancellor, George Osborne, said the economy had grown by 2.6 per cent in 2014 and forecasted to grow further by 2.5 per cent in 2015.

“This represents an improvement of 0.1% on previous forecasts,” said Mr Murphy. “However, the pace of recovery remains slow and with inflation projected to reduce to 2% during 2015, businesses will continue to find it difficult to increase margin in the medium term.

“The Somerset Chamber will continue to work closely with the British Chambers of Commerce to ensure that whatever the result of this year’s General Election, the next Government builds on the promises set out within this budget.”

Businesses will be given an opportunity to hear from and influence their local candidates prior to the General Election through a series of hustings being organised by the Somerset Chamber of Commerce.

Further information can be found on the Somerset Chamber events page - www.somerset-chamber.co.uk/events

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