Mixed reception for UK Budget

The UK Chemical Industries Association said the UK Budget "will be a major disappointment to chemical and pharmaceutical businesses across the UK". Chief Executive, Steve Elliott is "particularly angry that existing money has not been redirected to help temporary lay-offs and short time working".
Elliott also welcomed the £750m Strategic Investment Fund to support emerging technologies and high tech manufacturing. This fund was also cautiously welcomed by the BioIndustry Association, which said "it is essential that the fund is now implemented rapidly" to ensure that companies in the sector can benefit.
Chemical Industries Association
BioIndustry Association