Business leaders urge Reeves on Autumn Budget

A survey of 1,500 private business leaders by KPMG finds a push for tax relief, lower costs and fewer regulations ahead of the Autumn Budget.

Business leaders press Reeves on growth priorities for Autumn Budget

Chancellor Rachel Reeves is preparing her second Autumn Budget as a survey of 1,500 private business leaders conducted by KPMG outlines clear asks. Directors want lower costs, fewer regulations and a reversal of the National Insurance hike from last year, plus stronger support for small businesses and relief on VAT.

The poll also shows a push for tech adoption and measures to boost profitability through tax policy. It reports 44% prioritise new technology, 35% want tax measures to lift profitability, and 31% focus on skills. A notable 72% of firms say new products and entering new markets matter for growth, while inflation and cost pressures remain top barriers.

The results reveal a pragmatic business voice that wants policy to clear the way for growth. Leaders call for a light touch, with emphasis on technology, profitability and talent. Reeves will need to balance fiscal constraints with pro growth measures as the budget nears, and this tension could shape political debate.

Policy choices could influence investor sentiment and the course of the economy. If the budget leans toward further tax rises or heavy regulation, it risks weakening confidence even as firms stay resilient. The balance between growth and fiscal responsibility will shape how markets price UK risk in the months ahead.

Highlights

Policy choices in the budget could redefine the pace of growth.