Salisbury MP John Glen shares his view of the economic outlook for the year ahead...

The business outlook in our economy is optimistic as we start 2015, both locally and nationally – unemployment is down by 63 per cent and youth unemployment is down by two thirds – and we have also seen significant increases in apprenticeships, and substantial investment in education in the city, with the new UTC and new building for Salisbury 6th Form opening in September.

These are the foundations for improving the wider skills base in Salisbury and providing a greater breadth of choice for young people.

Going forward, I remain focussed on ensuring that the new science park at PHE is optimised to fully exploit the scientific expertise in this area, allowing Wiltshire to capitalise on its reputation for excellence in the life science sector.

I am fully committed to fighting for the best possible outcome for the Public Health England base at Porton Down, and ensuring it remains part of our employment base in Salisbury.

I also want to see our vibrant city centre thrive: Salisbury has benefited from the Government’s decision to cap business rates below inflation, and our high streets, pubs and restaurants will gain from a further £1,500 discount.

Before Christmas I met with councillor John Thomson and senior officers to urge them to come up with creative solutions for the parking challenge, and in particular to improve the performance of park and rides to reduce ongoing losses.

The wider business community will benefit from a £2,000 discount on employer National Insurance contributions and the lowest corporation tax rates in the EU.

I have been very impressed with the Salisbury BID and the proactive attempts they are making to find solutions to local challenges.

Investment in infrastructure improvements in the A303 provide additional opportunities for growth in the South West, but the long term economic plan for the country must involve continuing bear down on the deficit – or we risk rising interest rates and compromising the hard earned stability for hard working people that this country has built over the last four years.