Building an economy that works for everyone: Autumn Statement 2016
- Published: 25 November 2016
Providing his first major update on the state of the public finances since becoming Chancellor of the Exchequer, Phillip Hammond acknowledged in the 2016 Autumn Statement that the post-EU referendum UK’s economic outlook has become more uncertain. With a potential £59 billion gap to account for over the next five years, emphasis was placed on plans to boost investment in infrastructure and housing to equip the UK economy for life outside the EU.
In this blog, the POLICYfinder team outlines the Chancellor’s key announcements across the public sector and related sectors, with reactions from stakeholders.