George Osborne MP, the Chancellor of the Exchequer, made his autumn statement on 5th December 2013. He said that the United Kingdom is growing faster than any other major economy, but the job of recovery was ‘not yet done’. He predicted that the United Kingdom government would be ‘back in the black’ by 2018/19 but said that money was still tight.
The Autumn Statement is a half-yearly update on the Budget, allowing the Chancellor to give MPs a guide to his tax and spending plans. These plans are based on the economic projections provided by the Office for Budget Responsibility - a body set up in 2010 to provide independent economic forecasts.
This briefing paper summarises and comments on aspects of the autumn statement that are relevant to housing and contains sections on:
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