Technology

Finance and IT: more from the business budget wishlist

With the Budget now just hours away, we ask more business leaders for their thoughts on where George Osbourne's cash reserves should be spent.

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With the Budget now just hours away, we ask more business leaders for their thoughts on where George Osbourne's cash reserves should be spent.

Technology

Finance and IT: more from the business budget wishlist

With the Budget now just hours away, we ask more business leaders for their thoughts on where George Osbourne's cash reserves should be spent.

Share this article

With the Budget now just hours away, we ask more business leaders for their thoughts on where George Osbourne's cash reserves should be spent.

Jean Miller, CEO of equity-based crowdfunding platform InvestingZone, wants the Chancellor to stand up for British tech in the 2014 Budget:

“If the chancellor wants to make a real, lasting difference to UK business prospects in this Budget, he’ll focus on measures that help our small businesses (and particularly our tech companies) to turn into medium and large businesses.

“Support, guidance and funding for start-ups in fast-growth areas such as high-tech, aerospace and sustainable energy would help exciting British companies along the journey to listing on the AIM market.

While the US is braced for a flood of tech IPOs this year and next, here in Britain we’re in danger of killing our burgeoning tech market by offering plenty of kind words but no real, tangible support. If we want to create the next Facebook, Amazon or Google here in the UK, we need to think bigger. A tech-friendly Budget would be a great first step from this Government.”

Andrew Jesse, VP at Basware UK, says funding is a key area:

“It’s clear that banks are not sufficiently meeting the finance needs of British businesses. As companies increasingly look to alternative finance solutions, it’s crucial that the government facilitates use of these solutions by offering services like electronic invoicing and electronic payments to its suppliers.

“The government is one of the largest buying organisations in the UK and needs to lead by example. The enquiry into the slow adoption of e-invoicing in the public sector is a positive step, and will help the government to save a reported £6 billion each year. But this must be followed with tangible action.”

Gary Calcott, technical product manager at Progress, wants better skills for youngsters:

"If the Chancellor is serious about making 2014 ‘The Year of Code’, his Budget speech needs to ensure that children of all ages are given ‘hands on’ access to programming technology that focuses primarily on 'ease of use'.

“While it’s great to see computer coding being added to the curriculum from this September, it’s important that students aren’t scared off by having to sift through long, complex lines of code in the early stages of their education."

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Finance and IT: more from the business budget wishlist

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