Autumn Statement: summary and comment

Posted on 6 Dec 2013 by The Manufacturer

The Chancellor’s autumn statement won approval for its action on skills but drew criticism for its failure to address crippling energy costs for energy intensive businesses.

George Osborne’s biggest announcements should have a positive impact on the retail and construction markets with action to cut business rates, and provide loans to unblock stalled housing developments, particularly in the north of England. However, his entire statement to parliament failed to once use the word ‘manufacturing’ and featured just a single use of…

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