皇冠体育app

皇冠体育app Autumn Statement provides an update on the government鈥檚 plans for the economy based on the latest forecasts from the .

皇冠体育app forecasts, called the Economic and fiscal outlook (EFO) are published twice yearly, at and at Autumn Statement. 皇冠体育appy look at the future performance of the UK economy, in this case for the period to 2018-19.

皇冠体育app OBR provides an updated statement on the current state of the public finances and whether the government is going to meet its own fiscal objectives. 皇冠体育app main objective, set by the government, requires it to balance its budget at the end of a rolling five-year period. A balanced budget means the amount spent by the government in a year, on things such as the NHS and welfare is equal to the amount brought in by things like taxes.

During his Autumn Statement the Chancellor updates MPs on the government鈥檚 taxation and spending plans, which are based on the latest forecasts for the UK economy, from the OBR.

皇冠体育app Office for Budget Responsibility (OBR) was established in 2010 to provide independent and authoritative analysis of the UK鈥檚 public finances.

皇冠体育app Chancellor announced that he will make his 2014 Autumn Statement to Parliament, on 3 December.

皇冠体育app Treasury鈥檚 Twitter feed will include all of the latest information on Autumn Statement, and will be using .