Letter to Forbes

Budget is ‘pivotal moment’ in business recovery, says CBI

Tracy Black

Tracy Black: time to deliver (pic: Terry Murden)

Kate Forbes’ Scottish Budget is a “pivotal moment” to set the right conditions for recovery, according to a business lobby group.

Scaling up electric vehicle charging infrastructure, lifelong training packages and a continuation of rates relief should be among the Holyrood government’s priorities in Thursday’s statement, says CBI Scotland.

Its director Tracy Black has told the Economy Secretary that Scotland’s best hope for turning ambition into action and pulling ahead of its rivals lies in creating a more attractive business environment.

That means keeping down the cost of doing business and investing in people and connectivity.

In a pre-budget message in a letter to Ms Forbes,  CBI Scotland proposes a number of “priority interventions” for the Scottish Government to consider.

These include using the business rates system to support investment in low-carbon infrastructure by de-rating all green improvements.

The business group also wants a continuation of current rates relief as the economy bounces back.

In addition, it is seeking “an early return to a level-playing field on the higher property rate by fulfilling a manifesto commitment to bring this back into line with England”.

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