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Autumn Statement Report 2015

26 November 2015

autumn statement

George Osborne's third economic statement of 2015 (and the fourth within 365 days) lacked the big surprises and headline grabbing announcements we've recently come to expect from these occasions.

In a combined Spending Review and Autumn Statement, changes to government departmental budgets dominated the Chancellor's speech.

The economic news was largely positive. The combined effect of better tax receipts and lower debt interest has resulted in £27 billion improvement in public finances compared to July.

Apart from the ecomomic update, the Chancellor did announce some measures that will affect businesses and individuals. The attached report summarises the announcements made by Chancellor George Osborne during the 2015 Autumn Statement on Wednesday 25 November 2015.

Autumn Statement Report 2015

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