The Budget: sector welcomes Osborne’s decisions
Brokers and experts say Budget changes could be good for business with SME growth a key measure.
The insurance sector has broadly welcomed the The Budget, outlined by George Osborne Chancellor of the Exchequer today.
Bluefin chairman, Stuart Reid, was pleased with the Office For Budget Responsibilities forecast of 2.5% GDP growth - something he believes will have an impact on SME business for insurers and brokers.
He said: "The OBR has revised up its forecast GDP growth this year to 2.5%, then 2.3% in 2016, and this revised forecast will further improve confidence among our SME customers
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