The Conservative government presented its Autumn Statement on 23rd November 2016. The following summary provides an overview of the main points set out and accompanying notes.
A few grains of sugar for those just managing, but the main message, from the Chancellor is of caution surrounding the national debt and of course the effects of BREXIT.
Chancellor Philip Hammond has announced he will reduce the money purchase annual allowance to £4,000.
The OBR has revised its March forecasts.
GDP Growth: 2017 1.4%, 2018 1.7%, 2019 2.1%
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