Keep up-to-date with the ’The Budget’

Sussex Enterprise is disappointed that the Chancellor’s Budget Report did not go far enough to make a real impact on securing an economic recovery.  Our response to the announcement is given in the press release in the link on the right.

For a summary of the main measures affecting business, see the link on the right. The Chancellor’s Budget Report is also available.

The Sussex Enterprise Quarterly Economic Survey (QES)

Sussex Enterprise undertakes a regular survey, in conjunction with the British Chambers of Commerce, to track quarterly changes in the economy in Sussex. The results of the Quarterly Economic Survey released by Sussex Enterprise indicate how Sussex firms are coping. They are sent to the Bank of England, Sussex MPs, CEOs of the Councils, Council Leaders and other stakeholders. For further information click on the link to the right.

Bank meetings

The major banks across Sussex reassured the business community they will do all they can to support the needs of small firms during the economic downturn. The announcements were made in a series of meetings between bank representatives and Mark Froud.

In 2009 Mark approached the regional commercial managers of Barclays, Lloyds TSB, HBOS and HSBC and invited them to meet him to discuss issues raised by small businesses across Sussex. The main concerns are aound increased arrangement fees, passing on interest rate reductions, tighter credit rules and overdraft approvals. Mark will meet with the banks every three months to keep updated on progress and pass crucial information on to local businesses.