What To Expect Pre Budget Report Today

What To Expect Pre Budget Report Today.

The Chancellor of the Exchequer, George Osborne, takes to his feet later today (11.15am) to deliver his Autumn Statement, the pre-budget report, in the run up to the full budget in March 2014 for the financial year 6^th April 2014 to 5^th April 2015.

What to expect:

• The economy performing better than expected.
• State pension age increases to age 68 being brought forwards.
• State pension age at 70 to come into effect for the teenagers of today.
• Spending cuts across public services.
• Increased spending on infrastructure projects such as Nuclear fuel and Railway links at key stations.
• Changes to business rates to encourage smaller business start-ups, particularly in hard pushed shopping areas with empty shops.
• Details of all the benefits increases in line with the inflation rate for September 2013 to be confirmed.

 Comment 

As ever, the devil will be in the detail.

We will publish news as we have it and issue both a written and video update tonight/tomorrow morning.