John Fairbrother, business rescue and recovery specialist at Begbies Traynor comments on the 2015 Budget:
“Bars and restaurants have been struggling across Liverpool recently so will welcome the cut in beer duty, and the extra rise in the tax-free allowance should help to put some more disposable income into consumers’ pockets.
Greater regional autonomy should provide more stability for the North West in the future regardless of which political party holds sway, creating a better environment for local businesses to grow and encouraging further external investment.
But we have heard a lot of promises about devolution already – we now need to see some action.
It is vital that the proposed transport integration starts to take shape as soon as possible, as this will take the most time to complete and will be a central part in driving growth between Liverpool and the rest of the UK.”
For more information on Begbies Traynor or to understand more about John’s role, please visit their website.