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UK budget attracts plaudits, disappointment and scrutiny

Image: HM Treasury [CC BY-NC-ND 2.0], via Flickr

Budget 2023: Sector praises enhanced tax relief for innovation but raises concern over unanswered questions

Jeremy Hunt’s latest budget has attracted praise, criticism and questions from the R&D sector.

Leading figures in the sector were largely pleased with the chancellor’s announcements on enhanced tax credit for R&D-intensive firms and on investment zone plans.

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