Responsible Finance responds to the Autumn Statement
Jennifer Tankard, Chief Executive of Responsible Finance, comments on the Autumn Statement.
Responsible Finance welcomes the measures announced by the Chancellor in the Autumn Statement to support the families and businesses that are the engine of the UK economy. Reducing the universal credit taper rate, and new funding announced for businesses from the British Business Bank will help, but these measures do not go far enough to pave an inclusive path to economic security.
Our members provide stability and ongoing support to individuals, small businesses, social enterprises and innovative energy and housing projects, which would otherwise struggle to access finance. It is more important than ever that the government uses this network of responsible finance providers to reach those hit hardest by economic stagnation and inequality to boost productivity and build resilient local economies.
