Budget

The Spring Budget: Robin Hood in Reverse?

In the Budget, wealthy businesses in thriving parts of the country were granted a smoother transition to their new higher business rates bill. This easing-in period for successful businesses will be subsidised by a “fair” increase in National Insurance Contributions by 1% to 10% for the self-employed – raising £145m a year by 2021/22.

Whatever happened to economic development?

Budget day for the Centre for Local Economic Strategies (CLES) used to be one of intrigue and relative excitement. In the 2000s, the Budget was supplemented by a specific annex focused on economic development and regeneration. Indeed, the Budget was where we saw exciting new renewal initiatives announced; reviews of sub-national economic development formulated; and new duties and funding initiated.

  • BULLETIN

    How places could and should respond to the Chancellor's Budget

    16th March 2016
    This CLES Bulletin details CLES’ thoughts on the 2016 Budget....
  • BULLETIN

    Budget 2015

    30th March 2015
    This CLES bulletin does three things. First, it details announcements in the 2015 budget which relate to economic development and ...
  • BULLETIN

    The Autumn Statement 2014

    17th December 2014
    This bulletin seeks to explore this debate of infrastructure development versus cuts in more detail and highlight what was in the ...