Boring, predictable and unachievable - just some of the views about today's Autumn Statement. For these and the rest, here's our round-up of the reaction to the tax and growth figures.
Nick Beecroft, chairman and senior market analyst, Saxo Capital Markets, said "As predicted, whilst in many ways innovative, striking a careful balance between fiscal probity and growth promotion, and between rich and poor, this statement is all very boring and predictable, no diversion from the Plan A deficit reduction program, hence stocks, sterling and gilts will be virtually unmoved!" Angus Campbell, head of market analysis, Capital Spreads, said: "Our Chancellor claimed today that progress is being made, but you only have to look at our mounting debt pile to see that in fact t...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes