George Osborne's budget welcomed as positive news for Sussex businesses
![George Osborne at a visit to Eastbourne last year](https://www.sussexexpress.co.uk/webimg/legacy_oak_81303948.jpg?crop=3:2,smart&width=640&quality=65&enable=upscale)
![George Osborne at a visit to Eastbourne last year](/img/placeholder.png)
The Sussex Chamber of Commerce said a reduction in business rates, the removal of commercial property stamp duty in some areas, a reduction in capital gains tax, a reduction in corporation tax, abolishment of National Insurance contributions for self employed together with a further freeze on fuel duty would all provide significant benefits to local firms.
But the organisation expressed disappointment that focus on investment and devolution was in Wales, the north, Scotland and the Midlands, with no mention of Sussex or the South East.
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Hide AdLewes MP Maria Caulfield said: “Britain’s economy is strong, growing and resilient because of the steps we have taken over the past six years. But we face a dangerous cocktail of risks – financial markets are volatile, productivity growth is too low and the outlook for the global economy is weak.