United Kingdom

Details

  • Service: Insights, Economics
  • Type: Business and industry issue
  • Date: 21/11/2011
KPMG Blog

 

For the latest reaction to the Chancellor's statement, plus insight, opinion and debate from partners and industry experts on other issues, visit the KPMG blog.


Autumn Statement 2012 

Insights and reaction to the Chancellor's speech

 

In the Autumn Statement the Chancellor reiterated the tough road ahead for the UK economy and admitted it would take longer than originally forecast to meet debt targets. The austerity programme has been extended until at least 2018. However, he unveiled several measures to stimulate growth and investment and there were some welcome surprises.


Read detailed reaction from KPMG's experts to the Chancellor's speech below.

Economic Overview

Economic Overview

Austerity means what it says on the tin

 

"The government’s strategy is to combine deficit reduction with economic recovery, but at the moment we are not getting much of either."

 

 

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Finance Bill 2013 draft clauses

Finance Bill 2013 draft clauses

Draft clauses of the Finance Bill 2013 will be published on 11 December 2012. Key areas we are expecting to be covered from the publication are a framework for the General Anti-Abuse Rule (GAAR), high value residential property and controlled foreign companies (CFCs)