Q&A: Autumn Statement 2015 - the big picture

While some may be feeling a touch of Budget fatigue with the fourth fiscal event in twelve months the chancellor showed no signs of flagging in an Autumn Statement that raised £20bn in extra tax revenues gave some relief to small businesses and delivered £12bn p.a. of public spending cuts as part of the 2015 Spending Review by the end of the Parliament.

 

So was this all about the Spending Review?

 

The combination of the Spending Review with the Autumn Statement led to an event that was much closer to the true nature of an Autumn Statement namely an update of the economic position of the country rather than the mini-Budgets that we have seen in the past. 

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