Chancellors Speech to the Institute of Directors

If you have the time read the Chancellor's speech to the Institute of Directors on 11th May. In it the Chancellor outlined how we are recovering from the biggest banking crisis our country has ever seen and dealing with the largest budget deficit in our peacetime history. Whilst we must remain realistic about the challenges, the Chancellor was also careful to outline why we can be optimistic about the future:

• 400,000 private sector jobs have been created.

• 89,000 people have come off unemployment rolls.

• Manufacturing up almost 5%.

• Business investment is up 11%.

• Export volumes are up 16%.

• Indeed the latest figures for the Devizes Constituency shows that unemployment has fallen 22 per cent in the last year and we now rank 623rd out of 650 constituencies with our unemployment rate.

To read the speech in full visit: http://www.hm-treasury.gov.uk/press_47_11.htm

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