BritishAmerican Business CEO Duncan Edwards said:

“BritishAmerican Business welcomes the government’s focus on growth, entrepreneurship and investment. We support the commitments to innovation, AI growth zones, and nuclear and low-carbon investment, which strengthen future-facing industries and could help drive forward commitments made in the UK – US Tech Prosperity Deal.

“At the same time, many BAB members will view today’s Budget as underwhelming for business and falling short of what is needed to boost competitiveness. Confidence in the US – UK corridor remains broadly resilient, but it has weakened amid persistent concerns around taxation, high energy costs, and regulatory burdens. The scaling back of business-rates relief, the absence of broad energy support, and ongoing uncertainty around the Employment Rights Bill effectively pile additional costs onto businesses, making it harder for them to plan and invest. If the UK is to remain a leading destination for US investment, it must address these fundamentals.”