However, EEF urged the Chancellor to announce any measures as soon as possible so as to remove the uncertainty which is surrounding key business decisions.
Martin Temple, Director General, said:
"We welcome the fact that the government is listening to business concerns. However, we remain concerned that the uncertainty is undermining the confidence of business to take key decisions, many of which are happening today."
ENDS
Notes to Editors
EEF has presented it’s own proposals to HM Treasury based on restoring the differential between business and non-business related assets