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Tuesday, 10th December 2013

UK: Autumn Statement 2013

Source: HM Treasury via GOV.UK

From Executive Summary:

The UK has been hit by the most damaging financial crisis in generations. As a result of that crisis and unsustainable levels of public spending, the government inherited the largest deficit since the Second World War. The government’s long-term economic plan has rebuilt the UK’s financial credibility, ensured economic stability, and helped provide the foundations for the recovery that is now gaining momentum. All sectors of the economy are growing, the deficit is forecast to have halved by 2014-15, and employment is at record levels.....

Autumn Statement 2013 sets out the next steps in the government’s long-term economic plan:

• delivering sound public finances by setting out a fiscally-neutral Autumn Statement and further detail on how the government will ensure continued progress on reducing the deficit and debt beyond this Parliament
• supporting businesses to grow and create jobs through a major package of support with the cost of business rates and an updated National Infrastructure Plan
• equipping all young people to compete in the global economy by abolishing employer National Insurance contributions for most under-21 year olds, removing the cap on university places, reforming apprenticeships, and improving basic skills training
• helping hard-working people to keep more of the money they earn by reducing the impact of government policies on energy bills and freezing fuel duty for the rest of the Parliament
• increasing the incentives to work and providing a benefit system that is fair to those who need it and those who pay for it
• clamping down further on tax evasion, avoidance and aggressive tax planning, ensuring that those with the most in society make a fair contribution to reducing the deficit
• taking action to reduce levels of tax debt and to reduce fraud, error and debt in the benefit and tax credit systems

+ Direct link to Autumn Statement (PDF; 4.2 MB)

+ Supporting Documents



Views: 1083

Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

Adrian can be reached at adrian.janes@freepint.com

More articles by Adrian Janes »

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