What is the Autumn Statement?
The Autumn Statement is an update of the Government’s plans for the economy based on latest forecasts from the Office for Budget Responsibility (OBR). The twice-yearly forecasts provide an update on the current state of public finances and what objectives the Government will focus on.
This year’s Autumn Statement took place 5 December 2013. Here is a round-up of what the statement included and how the local government sector responded to the announcement: