Autumn Statement 2016 - Briefing
Philip Hammond’s first Autumn Statement will also be his last. In 2017 there will be a Spring Budget followed by an Autumn Budget. In early 2018 there will be the first Spring Statement. The Chancellor presented his Autumn Statement against a background of reduced growth forecasts and the “urgent” need to tackle the long-term weaknesses of the UK economy. His declared ambition is to make UK “match-fit” for Brexit.
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