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David Frost, Director General of the ICC, said: "now that the review is complete, our message to the Government is that it is now time for a clear strategy for growth - which in turn will give enterprises and especially small and medium-sized enterprises, the confidence to invest."

He said companies and Government must work together to provide a real year of growth in 2011. ""This is the only way the private sector will be able to take over," he said.

John Walker, President of the Federation of small businesses, said: "the community small business still has a vital role to play in the conduct of a credible recovery and take on new staff members to help combat unemployment, it is now essential Government implements a program of small business growth in action immediately."

He said small businesses were tipped and lacking in confidence on the 500,000 people who will be dismissed as a result of these reductions.

"It is up to the Government to encourage small business - community that extends from the feast of the existing businesses national insurance contribution and cutting VAT to 5MC in construction - industry to promote growth and help small businesses take new staff.

Miles Templeman, Director-General of the IoD said: "If today the expenditure review is to succeed the Government should provide basic root and branch that transforms the productivity of public sector reform."

He said if the public sector growth industry for the past decade, "deficit would now ￡ 60bn lower to is".

Richard Lambert, CBI, General Director stated reductions would be painful but were essential to balance the books.

"We are particularly pleased with issuers ￡ extra per year on capital expenditures and an emphasis on the areas that support growth."Include transport and other infrastructure, education and science and the economy low carbon emission... now the Government must provide the savings promised by the restructuring of public utilities.?

Announcement of funding for infrastructure projects on a large scale, schools and hospitals Chancellor was met with relief between suppliers in these fields.

Dr. Helen Hill, the Chamber of commerce and industry (LCCI), London welcomes statement by Chancellor of Crossrail Act.

She said: "Building Crossrail and make improvements to the tube will boost the economy of the capital and keep London moving to rapid population growth."

However KPMG has compiled a list of areas where suppliers could be hardest hit by Whitehall applied including IT, printing companies as well as recruitment and business hotel and travel suffer cut of ￡ 100 m of the political government travel.

Terry Scuoler, Executive Director of the EEF, said: ' "there will be some relief for manufacturers that reductions are not bad that is concerned with some positive announcements for the protection of the science and education budgets and support for private sector carbone.Le technologies will play a greater role much in the future of the economy." "

In the city, the banks has been encouraged by more moderate language Chancellor, particularly its recognition of thousands of jobs provided by financiers.Mais services banks are also stiffened to an announcement made Beaver on new measures due tomorrow.

Chas Roy-Chowdhury, head of the Association of Chartered Certified Accountants, tax declared: "sampling may be appropriate now, but the United Kingdom must remain competitive globally and do not drive these companies to the large.Nous must keep our fingers on global pulse taking it before and keep the review."

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