The Chancellor of the Exchequer, Philip Hammond, will deliver his first Autumn Statement to Parliament on Wednesday 23rd November 2016 at 12.30pm.
The Autumn Statement is an important annual event, on par with the Budget, as it sets out the government’s taxation and spending plans.
It will also be the first opportunity to assess the state of the UK economy following the EU referendum in June.
We have already heard Philip Hammond say he will consider using the Autumn Statement to ‘reset’ economic policy following the referendum result.
Announcing the date for the Autumn Statement, Hammond said:
“The Autumn Statement will set out the government’s economic and fiscal plans based on the latest forecasts from the Office for Budget Responsibility.
“In the run-up to the Autumn Statement I will be engaging with Britain’s business leaders and employee representatives through a series of industry round tables, meetings and visits.”
It will be interesting to see what surprises Philip Hammond has in store during his first Autumn Statement on 23rd November.
Here at Informed Choice, we will be following the buildup to the Autumn Statement and covering the event live on the day, both here on our website and on Twitter @InformedChoice.
Our analysis will cover the main personal finance and investment implications of the Autumn Statement, which we will summarise in a quickly delivered briefing note for our clients and professional contacts.
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What do you expect to see in the Autumn Statement this year?