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Following the Government’s announcement of the Growth Plan 2022, the AA has issued the following statement.
Stephen Woodford, CEO, Advertising Association, said:
“We welcome the temporary measures for business to stabilise energy prices and no doubt companies will benefit from the cut in corporation tax. We remain in ongoing conversations with Ministers and civil servants about how our advertising industry can best support the government’s growth ambitions. Companies do need certainty most of all and a focus on productive and sustainable growth is so important given the economic headwinds and inflationary pressures we face. To that end, it is worth reiterating that advertising is a driver of economic growth and it increases competition, which in turn leads to lower prices.”
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