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UK Budget: reactions
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In his second budget speech, UK chancellor Rishi Sunak outlines his plans to help the economy repair. Below we have collated the latest reactions from the industry.
ACCA UK: ‘Fragmented’ budget does not give businesses certainty
Association of Chartered Certified Accountants (ACCA) UK head Claire Bennison said: “We are pleased the Chancellor has continued support for businesses, but this seems like a fragmented Budget that fails to provide a longer-term roadmap to recovery for them. Many owners will still lack any clarity about their route back to stability and the government’s agenda beyond the next few months.”
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Chinese enterprises expand in UK By ANGUS MCNEICE in London | China Daily | Updated: 2021-02-27 13:07 Share
It remains to be seen to what extent the Huawei ban will affect their investment
Chinese business activity in the United Kingdom remained resilient last year despite trade tensions and pandemic disruption, a new report has shown, with the number of large UK-based China-owned businesses increasing along with the total value of Chinese investments into Britain.
The number of Chinese businesses in the UK with an annual revenue of at least 5 million pounds ($7 million) rose to 838 in 2020, up from 795 the year before, said the Tou Ying Tracker, an annual analysis of China-UK enterprises produced by accountancy company Grant Thornton UK in collaboration with China Daily UK and the China Chamber of Commerce in the UK, or CCCUK.