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Autumn budget comment from Rated People

After the announcement of today’s autumn budget, Celia Francis, CEO at Rated People, discusses impact on tradespeople.
Francis said: “Tradespeople are the lifeblood of the British economy and we’re pleased to see that 600,000 small businesses will gain from a rate-relief scheme for one more year – these sole traders and entrepreneurs deserve incentives and support on the road to recovery.

“As the sharing economy grows, in the last year we’ve had £1.3bn worth of jobs posted by homeowners, which have been carried out by small businesses and sole traders on Rated People.

“It’s extremely welcome news to hear that the rumoured doubling of the housing budget has rang true rising to £2bn with a promise to deliver 400,000 affordable new homes by 2020. This is not only good news for potential homeowners, but for tradespeople all over the UK too who deserve the government’s full backing.

“In addition, we’re pleased to see that Zac Goldsmith’s campaigning on London specific housing has resulted in a new London help-to-buy scheme – again, supporting London based tradespeople as well as future homeowners in the capital city.”

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

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