THERE were winners and losers — just like any other Budget, and South Wales business leaders have been having their say.
"Keeping fuel duty level for a fourth year is very welcome relief for UK drivers but the freeze still leaves the squeeze on families and businesses that rely on four wheels to function and prosper," said the AA, which was after a short-term cut.
Campaign for Real Ale welcomed the second consecutive cut of a penny in beer duty.
"This is not only about keeping the price of a pint affordable in British pubs but helping an industry which has been in overall decline continue on its long road to recovery," said a spokesman.
Federation of Small Businesses Wales spokeswoman Janet Jones said: "The Budget offered a clear signal for businesses to grow through the increased investment allowance and a focus on manufacturing. The £7 billion package to cut manufacturing energy bills will help create jobs and strengthen this key sector."
Principality Building Society chief executive Graeme Yorston said: "The Budget shows that economic recovery is underway and increasing confidence in the economy and growth in job creation has resulted in the Office for Budget Responsibility making improved revisions to the growth forecast over the coming years."
Julian Hilton, of Jelf Insurance Brokers which has a Swansea base, said: "The increase in the personal tax allowance to £10,500 and the ISA limit to £15,000 will certainly benefit a lot of people, as will the changes to pensions."
Trevor Carr, director of John Francis estate agents, which has seven Swansea branches, said: "The housing market is in a healthy state at the moment, and the Chancellor's Budget will have done no harm in helping continue its progress. The extension of the Help to Buy scheme until 2020 is certainly welcome as we are already seeing its positive effect on our new homes sites."
Robert Lloyd Griffiths, of the Institute of Directors in Wales, said: "This is a responsible and imaginative Budget which should promote growth, exports and investment. It will be widely welcomed across the business community."
Martin Hudson, of Swansea-based accountants Morgan Hemp said: "This budget is certainly one for businesses that wish to invest in their infrastructure for future growth, and for the older age group, with a number of measures directly impacting pensions and the ability to save and invest."