Novuna Business Finance response to the Chancellor’s Budget

“With the growth outlook among small businesses remaining eerily static for the past year with just a third (32%) of small businesses anticipating some form of growth this quarter, any initiative that would encourage investment and expansion is much needed and wanted. The Chancellor’s full capital expsening for IT equipment, plant and machinery, alongside the increase in Annual Investment Allowance to £1m, will make investment more attractive to a business owner. This is a positive step in the right direction.”

Joanna Morris, Head of Marketing and Insight at Novuna Business Finance