The Chancellor of the Exchequer, Philip Hammond, will present his first Autumn Statement plans to Parliament on Wednesday 23 November 2016.
The Chancellor recently met with representatives from British business and business groups to listen to their views ahead of the Autumn Statement. The events, which took place at the Treasury and Downing Street, also provided the opportunity for discussions regarding leaving the EU.
The Chancellor said:
‘My message to businesses is clear: in our negotiations to leave the EU, we will work hard to get the best deal for Britain and that includes ensuring that British companies can continue to trade with the single market in goods and services.’
Carolyn Fairbairn, Director General of the CBI, commented:
‘Business wants the openness of the UK’s economy to be preserved – specifically access to markets, skills and trade – and to see an ambitious Autumn Statement that drives investment and growth, and delivers jobs and prosperity for all of the UK’s regions.’
We will keep you up to date with pertinent announcements from the Autumn Statement.