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BBC UK

Firms 'pausing' hiring and investing ahead of Budget

BBC UK
Summary
Nutrition label

81% Informative

Businesses are putting off investment decisions amid speculation of tax rises in the Budget .

The CBI says some firms have paused hiring and investment decisions.

Government will set out its tax and spending policies in Budget on 30 October .

New figures show the UK economy returned to growth in August , expanding by 0.2% .

Keith Anderson , chief executive of Scottish Power , said the cash would be used to expand the UK 's electricity grid.

He said the main thing the company had asked for the government was to speed up the planning process in order to complete projects faster.

The government plans to almost entirely replace fossil fuels with clean and renewable energy by 2030 .

Critics claim it is not achievable and will send bills higher.

VR Score

88

Informative language

90

Neutral language

60

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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