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Autumn Statement: ‘A budget in all but name’ – expert analysis

17:11 05 December 2012

Clare Goodswen of M+A Partners in Norwich.

Clare Goodswen of M+A Partners in Norwich.

Clare Goodswen, partner at M&A Partners in Norwich, delivers her verdict on Chancellor George Osborne’s Autumn Statement.

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The chancellor’s Autumn Statement is usually rather a damp squib – but not so this year.

George Osborne was under pressure to deliver measures to kick start the economy but without increasing public sector borrowing or raising taxes.

What he actually delivered was a budget in all but name.

Surprisingly there were announcements about a number of specific tax changes, most of which are intended to increase investment in businesses of all sizes, from micro business to multi national companies.

There appears one aim to government tax policy – making UK plc a competitive environment to do business – so the economy grows and the budget deficit shrinks.

You can read Clare Goodswen’s full expert analysis in the eight-page special supplement in tomorrow’s Eastern Daily Press.

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1 comment

  • Ah a vested interest comment asking for more of the same, how convenient. I suppose she knows what inflation means and what it will do to those who can not afford the luxury of aggressively tax evasion schemes. Its accountants who are the real shambles, they do anything for money and they are acting socially irresponsible.

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    ingo wagenknecht

    Wednesday, December 5, 2012

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