Arab Today, arab today chambers of commerce urges government to boost growth
Last Updated : GMT 21:49:45
Arab Today, arab today
Arab Today, arab today

Chambers of Commerce urges government to boost growth

Arab Today, arab today

Arab Today, arab today Chambers of Commerce urges government to boost growth

London - Arabstoday

The British Chambers of Commerce (BCC) has called on the government to do more to stimulate growth, while continuing with its austerity programme.It wants a 1p cut in the National Insurance paid by employers and for the 50p rate of income tax to be scrapped.The BCC said, if the economy had not improved by 2012, spending on health and overseas aid might have to be cut.Its \"Plan A plus\" also called for a further round of quantitative easing from the Bank of England.The BCC\'s letter to the government came as the Treasury confirmed that the EU Commission had approved its plan to offer bigger tax breaks as part of the Enterprise Investment Scheme.Income tax relief for investors in the scheme - designed to encourage investment in small companies - would be raised from 20% to 30%.Prime Minister David Cameron earlier told US broadcaster ABC News that the government would not change tack in its efforts to reduce the budget deficit, despite the lack of UK economic growth.The International Monetary Fund has cut its UK growth forecast and cumulative public sector net borrowing is put at £52bn ($80.3bn) - only 7% less than a year ago.Public sector net borrowing was a higher-than-expected £15.9bn ($24.5bn) in August and inflation has now risen to 4.5%.But Mr Cameron said there would be no changes to the government\'s austerity measures.He said that, although other countries in the eurozone were struggling to deal with their deficits, the UK was not - because it had shown the world it had a plan.Labour leader Ed Miliband said the government needed to change course and look at measures such as reducing VAT to stimulate growth.              From / BBC

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chambers of commerce urges government to boost growth Arab Today, arab today chambers of commerce urges government to boost growth

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chambers of commerce urges government to boost growth Arab Today, arab today chambers of commerce urges government to boost growth

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday