Autumn Statement 2012 Briefing

Against the backdrop of a faltering economy, the Autumn Statement was an opportunity for the Government to set out clear growth objectives. While there were some headline-grabbing initiatives which could improve people’s lives, the statement focused more on supply side measures rather than demand-stimulating policies.

Although the Government’s attention is focused on cities, more needs to be done to support private sector expansion in order to stimulate local economic growth.