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The Autumn Statement takes place on November 23rd at 12.30.
Less in depth than the Budget, the Autumn Statement tends to have fewer ‘big ticket’ announcements and is usually wrapped up within the hour.
However, this year isn’t a normal year, and many which be watching with eagle eyes to see what can be gleaned about the Government’s elusive Brexit strategy.
Whilst we’re unlikely to find out a great deal about the plan for Brexit, the statement should at least give us a clear idea about what industries the Government will be focussing on over the next few years and how they think leaving the EU will affect the economy. That said, the Government will also be looking to reassure businesses, so don’t expect too much doom and gloom.
Below are some predictions for next week:
According to Sky News: “Improving productivity is central to Theresa May’s pledge to raise living standards for British workers because it makes it easier for employers to lift workers’ wages as they get more bang for their buck from employees”
What are you hoping for from the statement? Let us know on Twitter @switchmybiz.
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