The Chancellor of the Exchequer, Phillip Hammond, has announced his first Autumn Statement since the Brexit vote in June this year. Here is a summary of the announcements. The Office for Budget Responsibility (OBR) which provides the economic forecast, has said the UK’s growth is forecast to be 2.1 per cent in 2012; higher […]
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Theresa May set to extend Northern Powerhouse strategy
Theresa May is set to extend the Northern Powerhouse strategy into other parts of the UK. The prime minister told key ministerial colleagues at a Cabinet committee meeting last week that industrial strategy must reach all corners of the country. However, shadow home secretary Andy Burnham has attacked the apparent shift in emphasis, accusing the […]