3 March, 2021
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Organisations from the industry comment on the Chancellor of the Exchequer's Budget Statement 2021 to the House of Commons.
Builders Merchants Federation
John Newcomb, CEO of the Builders Merchants Federation, said: “The Chancellor largely struck the right notes in announcing continued support for business as we move through the final stages of the coronavirus roadmap and plan for recovery.
“We were particularly pleased that the Chancellor sought to support smaller businesses by recognising the need for continued furlough support and business rates discounts, which will help our SME members as they return to pre-covid levels of operation. Similar extensions to self-employment grants will help small builders and other trades who form the main merchant customer base and ensure they are still in business to service the needs of homeowners helped by the new government-backed mortgage guarantee scheme and the extension of the Stamp Duty Holiday.