Budget 2010
Last week saw the Government deliver their
last budget before the General Election, focusing mainly on
economic recovery and the financial services sector. Of relevance
to sport was the announcement that DCMS would contribute to £60m
worth of efficiency savings as part of the £11bn efficiency savings
across Government which have to meet over the next three years. The
impact that this will have on sport is yet to be
determined, however we will keep you informed of any further
developments.
It is important to note that the Chancellor
also announced a further extension of the Small Business Rate
Relief, which some clubs may be able to access.
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