Small businesses in the South West to Receive Boost from Increased National Living Wage
Increased funding for regional transport projects is expected to benefit local commuters, with £1 billion allocated for improvements to roads, railways, and bus networks across England. The investment will also support the development of new infrastructure projects, providing a much-needed boost to regional economic growth. Regional tourism leaders have welcomed the Budget’s focus on supporting small businesses and promoting regional economic growth. The Chancellor announced a new package of incentives aimed at encouraging visitors to explore the region’s rich history, culture, and natural beauty. Business leaders in key sectors such as hospitality and agriculture are also set to benefit from the increased funding for transport projects, which is expected to reduce congestion and improve access to rural areas.