Pro Installer June 2015 - Issue 27 | Page 58

58 JUNE 2015 PRO INSTALLER PRO BUSINESS www.proinstaller.co.uk General Election Impact on construction industry Chancellor to disclose second Budget 2015 in July Chancellor, George Osborne will unveil his second Budget of the year following the Conservatives’ majority victory in the General Election on Wednesday 8th July. According to Osborne, the Tories’ financial manifesto will focus on “working people”. The Chancellor stated he “didn’t want to wait” to turn his party’s election promises into a reality. In Mr Osborne’s first all-Conservative Budget, he is seeking to balance the party’s manifesto pledges with the national deficit and incoming welfare cuts. As pledged on the doorsteps of Downing Street, the Chancellor will continue “the balanced plan to deal with our debts”. A new survey also suggests the business community is largely behind his plans to raise more than £5bn from targeting tax evasion and “aggressive” avoidance. Almost nine-in-ten Institute of Directors’ (IoD) members say they support the government (