We deserve a smart recovery and investment
The government announced a package of measures including changes to pension taxation, focus on oil and gas energy, changes to ISAs, road building, expansion of the Help to Buy scheme which is currently linked to rising house prices.
The budget did not make any commitments to digital infrastructure and little substantial for next generation manufacture. A report from NFU Mutual has warned that lack of suitable Internet access is "damaging" rural children's education prospects. In a survey by Accenture 58% of businesses believed that UK investment in technological innovation lagged behind the US and Asian competitors.
Pirate Party Leader Loz Kaye said:
"George Osborne's budget condemns the UK to the economic slow lane. The real way to build in resilience to Britain's economy is to invest boldly in smart manufacturing, smarter, cheaper energy and digital infrastructure. This is what will create long term sustainable growth where everyone gets their fair share."
"Now the whole economy is the digital economy. Investment must be significantly increased to boost smart jobs. We are falling behind our global competitors in reach and speed. The rural and urban broadband funds have been damp squibs.. There must be proper competition for broadband funding, not just a BT monopoly. Digital businesses must not be burdened with government interference like calls for web filtering or site blocking."