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BUDGET 2011: Osborne promises support for manufacturing

Today’s Budget will support manufacturing, exports and investment, Chancellor George Osborne has said.

Trailing the government’s “plan for growth”, which is expected to have a section dedicated to construction, he said: “The hard truth that’s been ignored for too long… Britain has lost ground in the world economy and needs to catch up.”

Mr Osborne said the Budget was about “reforming the nation’s economy so that we have enduring growth and jobs in the future”.

He said it would be neither a tax raising Budget, but the government also could not afford for it to be a “give away”.

 

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