Rangewell

Rangewell: Spring Budget Live

By Rose Brown
Content writer
Last update: 13 January 20201 minute read
Rangewell: Spring Budget Live

Table of Contents

As Philip Hammond releases his economic plans in the Spring Budget at 12:30 today, the Rangewell team will be on hand with comment as it happens – analysing what the Chancellor’s policies mean for businesses.

While the Chancellor is expected to release a very restrained Budget with a focus on putting Britain in a strong position ahead of the exit from the European Union, our hope is that he will announce measures to help businesses set to be hit by the sharp hike in rates on the 1st of April.

Scaling up?

“Something that we are very focussed on is the importance of businesses being able to move from a start-up stage into being an established business – increasing the size of their workforce and building sustainable long-term growth,” says Craig Drake, Head of Research for corporate funding specialists Rangewell.

“While we are of course supportive of the doubling of rate relief and the raising of thresholds for relief, we are concerned that the hike in the allowable business rate increase will hurt exactly the kinds of businesses that the Chancellor is relying on as we approach the economic volatility of an exit from the European Union.

For any comment on the Spring Budget or any funding issues affecting businesses, contact the Rangewell media team at media@rangewell.com

About Rangewell

We know that finding and selecting the right type of business finance is time-consuming, difficult and stressful.

Our mission is very simple – to help UK businesses find the most suitable type of finance as quickly, transparently and painlessly as possible – meaning you can get on and grow your business and profitability.

As market leaders, we are unique in bringing together the best technology solutions with dedicated Business Finance Specialists who are on hand to support and guide you every step of the way.

You may be interested in...

What Brexit means for SMEs

What Brexit means for SMEs

We break down what Brexit means for UK SMEs and give you the key points

29 December 2020
Rangewell’s analysis of economic data during the Coronavirus pandemic to assess the future of business lending in the United Kingdom

Rangewell’s analysis of economic data during the Coronavirus pandemic to assess the future of business lending in the United Kingdom

Summary It is clear from the Office of National Statistics reports that we are seeing a mountain range of economic reco...

23 December 2020

Our service is:

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

Personal

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.