- Posted 12th December 2016
Phillip Hammond, the Chancellor of the Exchequer, announced his first Autumn Statement on 23 November 2016. According to the announcement, there are number of changes in the different sectors.
In this post, we cover the highlights of Autumn Statement 2016.
Departmental spending plans set out in 2015 Spending Review to remain in place.
Public spending will be down to 40 percent from 45 percent of GDP in 2010.
The government also has set new fiscal targets planning...