George Osborne's Autumn Statement: Reactions

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Published by Anonymous for 24dash.com in Central Government and also in Finance

Chancellor George Osborne has announced that the UK economy is forecast to shrink by 0.1% this year. As part of his Autumn Statement, the chancellor also scrapped plans for a 3p rise in fuel duty and cut corporation tax to 21% from April 2014. Osborne said that the inheritance tax threshold will rise from £325,000 to £329,000 in 2015/16. There were no changes made to present property taxes. National Housing Federation chief executive, David Orr, said: “The Autumn Statement has left mor...

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