Institute of Directors responds to 2012 Budget


Chris Parkhouse, Chairman of the Institute of Directors in the East of England, has made a statement in response to today's Budget.

Responding to George Osborne’s Budget speech,  Chris Parkhouse said:  “While any tax reduction is welcome, the Chancellor has not done enough to free business from the burdens and barriers that are holding economic growth back.

"Businesses dearly want the opportunity to invest, create and build, but George Osborne must go much further if he wants to fire up the engines of the economy. There was a bold move on Corporation Tax, but in the bigger picture this is still not far enough or fast enough.”


Contact for further comments:

Chris Parkhouse - 01223-873033, or by email via


·       The IoD (Institute of Directors) was founded in 1903 and obtained a Royal Charter in 1906. The IoD is a non-party political organisation with 40,000 members in the United Kingdom and overseas. Membership includes directors from right across the business spectrum. Members include CEOs of large corporations as well as entrepreneurial directors of start-up companies. 

·       The IoD provides an effective voice to represent the interests of its members to government and key opinion-formers at the highest levels. These include ministers, constituency MPs, Select Committee members, senior civil servants and MEPs. IoD policies and views are actively promoted to the national, regional and trade media.

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·       In addition, the IoD offers a wide range of business services which include business centre facilities (including eleven UK regional centres [three in London, Reading, Birmingham, Cardiff, Manchester, Leeds, Nottingham, Edinburgh and Belfast] and one each in Paris and Brussels), conferences, networking events, issues-led guides and literature, as well as free access to business information and advisory services and a comprehensive Information Centre. 

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A membership organisation for Directors of organisations in Cambridgeshire. This is the local branch of the national IoD organisation.

Institute of Directors (Cambridgeshire)