Yesterday Chancellor George Osborne set out his spending plans for the next four years in the Autumn Statement and Spending Review.
The headline points for business were:
Uniform business rates are to be abolished with elected Mayors allowed to raise rates under certain conditions
Apprenticeship Levy set at 0.5% of employer wage bill, with £15,000 allowance for eligible firms.
26 new Enterprise Zones to be created
BIS department funding to be cut by 17%
Every small business to have their own digital tax account by the end of the decade
Growth of 2.4% forecast for 2015, 2.4% for 2016 and 2.5%, 2.4% and 2.3% in subsequent years.
Refocused export and investment promotion activity to support more exports and other business opportunities for British firms
£13 billion investment on transport in the North over this Parliament, backing innovative businesses with a range of investments in world-class scientific research, and supporting further Northern Powerhouse trade missions to key emerging economies
Corporation tax will fall to 18% by the end of the Parliament.