The Chancellor has missed a big opportunity to instill confidence within the entrepreneurial community, key stakeholders in boosting the economic recovery, say leading audit, tax and advisory firm Blick Rothenberg.

Milan Pandya a partner at the firm said “it is clear that the Chancellor has listened to cries of business and households but why have entrepreneurs, who represent the backbone of the UK economy, fallen on deaf ears?

“Employing the majority of people and accounting for over half of the turnover of the UK economy, SMEs are the engine room the country and just under 100% are privately owned. Behind all SMEs there is an entrepreneur – those who take significant financial risk to get a business of the ground and help it to grow, often at significant personal cost.”

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