Estelle Brachlianoff responds to today's budget

Estelle Brachlianoff, Chief Executive Officer for Veolia Environmental Services (UK) Plc said:

“If the UK is to reduce the deficit and move into growth we need to invest in much needed infrastructure and stimulate economic activity. To be attractive to overseas investors we need a stable fiscal environment and a stable legislative regime with no seismic shocks.

“We believe initiatives like the cutting of Corporation Tax, stimulating the SME market and investing in key infrastructure such as transport and roads allow for such growth. Whilst austerity is important in rebalancing spending as a proportion of GDP, business growth is what is going to restore prosperity and make the UK more competitive. 

“At Veolia we’re investing £1 billion in the next six years in UK plc into new infrastructure for growth. This is just the type of investment the Government is looking for and will create 28,000 much needed jobs and £2.8 billion in economic activity.”