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Budget 2020: A Red Box for the Regions

Budget 2020: A Red Box for the Regions

KPMG’s Head of Regions, Chris Hearld welcomes announcements by the Chancellor that support boosting productivity in the regions of the country.

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Chris Hearld, KPMG’s Head of Regions, welcomes announcements by the Chancellor that support boosting productivity in the regions of the country:

“We got a Red Box for the regions."

“From the hotly anticipated devolution deal for West Yorkshire, to the reaffirmation of commitment to Northern Powerhouse Rail; from funding for flood defence and repairs, to an outwards migration of civil servants from the capital, the Budget appears to represent a government mindset which recognises that for the UK economy to thrive its regions must prosper. "

“It was a Budget of two halves, with a good deal of focus on short term, effectively emergency measures. It’s so important that the equally imperative long term vision to support opportunity and productivity was not lost.”

                                                    -Ends-

Follow us on twitter: @kpmguk @chris_hearld #Budget2020

For further information please contact:

Alison Anderson, KPMG Corporate Communications

Mobile: 07733 453 065: 

alison.anderson@kpmg.co.uk

KPMG Press office

Tel:  +44 (0) 207 694 8773

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

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