Autumn Statement 2016

The "first major economic statement since the EU referendum focused on measures to “prepare our economy to be resilient as we exit the EU”.

Unsurprisingly, the Office for Budget Responsibility (OBR) forecasts for growth have changed since the last "figures were published in March.

The prediction for 2016 is 2.1%, slightly higher than the 2% forecast in March 2016. However, in 2017 growth is expected to slow to 1.4%, lower than the 2.2% predicted at the Budget in March.

Click the attachment below to read the report.

If you have any questions or would like to discuss any aspects of the statement in further detail, please don't hesitate to get in touch with us.

You can call us on 01226 213 131 or e-mail info@gibsonbooth.co.uk

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