Kevin Nicholson, head of tax at PwC, commented:
"This was a Budget rather than an Autumn Statement and overall it was better than we expected. The cut in corporation tax was a pleasant surprise and emphasised his commitment to making the UK the most attractive large economy. By and large the Chancellor stuck to his Open for Business Agenda. He addressed the public debate on tax paid by multinationals with measured proposals that domestic and international businesses will be able to work with and may even welcome. Businesses need stability and certainty so they can get on with helping the economy to grow."