Call 020 7794 5757 - Email info@numerallp.com

Budget must give UK business a competitive edge

The Autumn Budget must sharpen the UK's competitive edge to stay ahead of the pack in an increasingly dog-eat-dog world, says the British Chambers of Commerce (BCC).

03 Oct 2025

The Autumn Budget must sharpen the UK's competitive edge to stay ahead of the pack in an increasingly dog-eat-dog world, says the British Chambers of Commerce (BCC).

The BCC is calling for immediate action to cut the costs deterring investment, simplify regulations to unleash business and update its strategic offer. 

The business group makes over 40 recommendations in a new report. These include committing to no further increase in taxes that add to labour costs. 

It also wants to see the axing of the windfall tax on oil and gas to address energy costs for business and providing a clear strategy for the North Sea's transition to a renewable future. 

In addition, the BCC says the Budget should put rocket boosters under our economic diplomacy to unlock the full potential of 'Brand Britain'. 

Shevaun Haviland, Director General of the BCC, said: 'There is also growing speculation about what's coming in the Autumn Budget, which is still weeks away. This is eroding business confidence further as the government's messaging of 'tough choices' adds to the fear. 

'But the Budget can be the decisive moment we need to back British business and put the economy on the front foot. 

'The UK is bursting at the seams with innovative 'can-do' businesses, that are eager to grow and make the most of the UK's extraordinary talent, creativity and technical expertise.'

Newsletter sign-up

Why not register to receive our Monthly Newswire?

Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.

Sign-up today

Try a site search Tax return, dividends, pension, autumn statement...

Company details

020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

About us

Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

© 2025 Numera. All rights reserved. We use cookies on this website, you can find more information about cookies here.