Pirate FM News

Cornish Job Fears on Budget Day

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Published by the Pirate FM News Team at 7:01am 21st March 2012 (Updated 3:39pm 21st March 2012)

60% of people in Cornwall are more worried about their job than this time last year.

An exclusive Pirate FM survey has revealed just 5% reckon they are more secure.

One in three has changed their holiday plans over the last year because of the economy.

The figures are revealed on the day George Osborne reveals his budget, including a tax cut for lower earners.

Nicky Walford owns a nursery in Wadebridge. She has notcied the way mums and dads are approaching their jobs has changed. She said, "We're taking more and more children to school nowadays because parents have to go to work. We're doing the school pick-ups and drop-offs, which we didn't really offer before because there wasn't a need for it. But parents starting early - we have to accommodate them as well."

The Chancellor has pressed ahead with plans to put another 3p on a litre of fuel this summer, despite an outcry from motorists. Cameron MacQuarrie's MD of a Truro haulage firm. He said, "We live in a rural area that relies fuel for people getting to work. Everything has to be transported in or out of the county, more often than not by road. It's making Cornwall uncompetitive and generally hitting businesses very hard."

Budget Breakdown:

The tax free personal allowance will rise to more than £9000 by April 2013.

The tax on top earners drops to 45p.

The Chancellor has backed down a bit on changes to child benefit, so families will only lose it if ONE parent earns more than £50 thousand.

The council tax relief for military families will double and there will be more money for armed forces' homes.

Alcohol duty stays the same.

The tax on cigarettes will rise by 37p a packet, from tonight.

The stamp duty on homes costing more than £2 million pounds goes up.

The basic state pension will go up by £5.30 a week, from next month.

George Osbourne also confirmed Sunday trading laws will be relaxed during the Olympics.

He has also said it is a budget that "unashamedly backs business".

Corporation tax will drop by 1% and there will be simpler tax returns for millions of small businesses.

Chair of Wadebridge Chamber of Commerce Dominic Walford says, "Most of the towns are struggling. Most of them are saying that a lot of people are spending a lot less money and what they are spending, the businesses have to work a lot harder for. It's all about what you can provide to your customers coming in, quality of service, quality of product and obviously giving good value for money.

"The business rates are very, very high. You don't get a lot for your money from the councils unfortunately. I think the governmentreally do need to look at some form of business rate relief because cash flow is everything for small businesses".

Survival Tips:

1)    If it is not working, look at your product.
2)    Make sure you are offering quality AND value for money.
3)    Marketing is key if the chips are down.

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