Part 2 – In last weeks ‘Trading up’ column I wrote about how the Budget announcement would affect the retail and business world in the months ahead. Industry leaders have commented that it is the ‘Election’ Budget. The government is beginning its new campaign, so we all knew that a few sweeteners would be placed in it for the voters. Retailers at both ends of the high street have looked into the Corporation Tax changes, Whilst larger profitable companies will be pleased that the reduced corporation rate will be 20% from 2015, could the Chancellor reached out to the millions of start-ups and small businesses across the country and reduced the rate even further to give them an extra boost. Exporting goods and products over seas is a very big area that the government is looking to increase. I’ve started a export project myself, Foreign money being used to buy British made products usually stays in the UK. If sales are successful, these businesses also increase their workforces and premises. This helps the economy even more. It’s good to hear that lending for export finance has doubled to £3 billion in the budget. Extra help is needed for small businesses to find out how to access these new finances. A small business can quickly develop into a big business if the correct steps are taken. It is still widely known that the banks are still not lending to start ups or Small businesses. They are still aiming for the mega money deals. Why wasn’t this issue focused on in the budget? Banks and Bankers bonuses are in the headlines for all the wrong reasons. This was a great chance to turn those negatives into positives.

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We are pleased to announce the merger of LRB Trophies with Cameo Engraving in York and The Trophy & Print Shop in Norton.

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