CHARTERED ACCOUNTANTS 
CHARTERED TAX ADVISERS REGISTERED AUDITORS
01628 665432
CHARTERED TAX ADVISERS REGISTERED AUDITORS01628 665432
CHARTERED TAX ADVISERS REGISTERED AUDITORS01628 665432
Home > > Autumn Statement 2011
As the UK recovers from the most severe financial crisis in generations, the Autumn Statement 2011 could only focus on one objective; strengthening the economy.
As expected, the Office for Budget Responsibility downgraded its growth forecasts, and revealed that Government debt is higher than expected; meanwhile the sovereign debt crisis in Europe adds external pressures over which we have little control.
As a result, announcements spanned from protective measures such as raising the state pension age to reflect an ageing society, to the much anticipated credit easing, designed to reduce the cost of loans to small businesses and easing access to funding.
Other significant announcements included the National Infrastructure Plan, which will see up to £30 billion of new capital investment pumped into the key challenges in energy, transport, telecommunications, waste and water, while a new housing strategy looks set to ease lending to first time buyers.
This area of our website provides a concise summary of the announcements made in the Autumn Statement. Please read our reports using the links provided, and contact us if there are matters arising that are pertinent to you or your business.
For further details email Eacotts on services@eacotts.com or call 01628 665432
Eacotts Chartered Accountants and Chartered Tax Advisers - Servicing the Thames Valley, Berkshire, Buckinghamshire, Slough, High Wycombe, Maidenhead, Marlow, Uxbridge, Windsor and the UK.
This document is for guidance only and professional advice should be sought before acting on the information contained. No responsibility will be accepted by Eacotts for loss occasioned as a result of action taken, or refrained from, in consequence of the contents
Eacotts Limited is a company registered in England and Wales.
Company number 4708201. Registered Office: Grenville Court, Britwell Road, Burnham SL1 8DF
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