Autumn Statement 2016
23 November 2016
There were few fireworks or rabbits in the Autumn Statement as most of the key initiatives had already been announced.There were, however, some initiatives that will have long-term ramifications. This note looks at the overall impact of the Statement and the effect on individual sectors. In particular, we highlight the increase in infrastructure spending, the higher insurance tax and moves to reduce whiplash claims and letting fees. It is also worth noting what hasn’t changed, with no mention of Stamp Duty or Help to Buy.
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