Mark Serwotka leader of the Public and Commercial Services Union
Industry groups welcomed the cut in business taxes, but unions warned of the “devastating” impact of further public spending cuts.
Mark Serwotka, leader of the Public and Commercial Services Union said: “No attempt at distraction with announcements on education and a sugar tax can disguise the reality that the Tories are damaging the economy for the vast majority of people while handing tax cuts to the wealthy and to businesses.
“Further cuts to civil service departments would be devastating, as tens of thousands of jobs are already under threat and hundreds of offices are earmarked for closure, hitting vital services from tax collection to our justice system.”
Jim Duffy, chief executive of Entrepreneurial Spark said: “Reducing corporation tax to 17% by 2020 will have a transformational effect on start-ups and scale-ups, allowing ambitious entrepreneurs to reinvest more profits and create new jobs.”
Budget 2016: Business bosses welcome corporation tax cut
