Autumn Statement 2014

Author : Great Britain. Parliament. House of Commons. Treasury Committee
Publisher : The Stationery Office
ISBN 13 : 0215081536
Total Pages : 88 pages
Book Rating : 4.37/5 ( download)

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Download or read book HC 870 - Autumn Statement 2014 written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2015 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Treasury has again been unable to provide all the information needed by deadlines agreed with the OBR. The Government may, as the Chairman of the Office for Budget Responsibility suggested, have decided that for political reasons this was a "price worth paying." This would set an undesirable precedent. The work of the Office for Budget Responsibility depends on the Treasury meeting the agreed deadlines. The Committee welcomes the OBR's innovation of providing uncertainty ratings for policy costings. The Committee recommends in future that the OBR publish a breakdown of the uncertainty rating assessment against the three criteria for all announced measures at Autumn Statements and Budgets. The Committee also welcomes the Government's continued publication of the distributional analysis of the Government's policy changes and recommends that the next Government continue with this important aid to transparency. The current inflation target set by the Government is symmetrical, and is 2 per cent at all times. Several witnesses alluded to the risks of very low inflation and subsequent deflation, including the Chancellor. The Chancellor has publicly welcomed the current level of inflation. This is not likely to help anchor inflationary expectations. The Governor of the Bank of England is required to write to explain to the Chancellor why inflation has fallen below 1 per cent. It is important to avoid mixed messages on inflation targeting. The Bank of England should undertake research on the effect of net migration, and the potential for future net migration, on the supply of labour and wage growth as part of the work on meeting the MPC's remit. The Treasury should ensure that discussions within Government on immigration policy fully consider the requirements of the economy.

Author :
Publisher :
ISBN 13 : 9781910337516
Total Pages : pages
Book Rating : 4.1X/5 ( download)

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Download or read book Autumn Statement 2014 written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Great Britain: H.M. Treasury
Publisher : The Stationery Office
ISBN 13 : 9780101848022
Total Pages : 100 pages
Book Rating : 4.21/5 ( download)

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Download or read book Autumn Statement 2012 written by Great Britain: H.M. Treasury and published by The Stationery Office. This book was released on 2012-12-05 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OBR's forecast for GDP growth in 2012 is -0.1 percent and is projected to pick up in every year of the forecast. Public Sector Net Borrowing is forecast to fall by 1.0 percent of GDP in 2012-13 and in subsequent years of the forecast. Public Sector Net Debt is expected to be 79.9 per cent of GDP in 2015-16 before falling to 77.3 per cent by 2017-18. This Statement sets out a further £6.6 billion package of savings in the spending review period, made up from welfare, Official Development Assistance (ODA) and departmental current spending. A £5.5 billion of additional infrastructure will be funded, including in new roads, science and free schools and academies. There will be a further 1 per cent cut in the main rate of corporation tax from April 2014, to 21 per cent and a significant temporary increase in the Annual Investment Allowance from £25,000 to £250, 000 for two years. A greater proportion of growth-related spending will be devolved to local areas and a Business Bank will be created to deploy £1 billion of additional capital and enable UK Export Finance to provide up to £1.5 billion in loans with a package of reforms to promote export. The Government will: increase the basic State Pension by 2.5 percent; create an HM Revenue & Customs unit dedicated to tackling offshore tax evasion; introduce of the UK's first General Anti-abuse Rule; develop significant new information disclosure and penalty powers; and close off tax loopholes. Lifetime allowances for pension contributions will be reduced.

Author : Great Britain. HM Treasury
Publisher :
ISBN 13 : 9781474112062
Total Pages : 110 pages
Book Rating : 4.64/5 ( download)

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Download or read book Autumn Statement 2014 written by Great Britain. HM Treasury and published by . This book was released on 2014 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Great Britain. Parliament. House of Commons. Treasury Committee
Publisher : The Stationery Office
ISBN 13 : 0215084101
Total Pages : 117 pages
Book Rating : 4.01/5 ( download)

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Download or read book HC 204 - Conduct and Competition in SME Lending written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2015 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium sized enterprises (SMEs) form a large part of the UK economy. According to official statistics, there were 5.243 million private sector businesses at the start of 2014. 5.236 million had 0-250 employees and are classed as SMEs, of which 5.204 million had fewer than 50 employees and are classed as small businesses. SMEs account for 60 per cent of all private sector employment, and registered an annual turnover of £1.6 trillion at the start of 2014-47 per cent of the private sector total. A large majority of SMEs are sole traders-76% of all businesses are non-employers. The Government believes that access to finance for SMEs is 'key to the recovery and long term growth of the economy'. Research by National Endowment for Science, Technology and the Arts (NESTA) in 2009 found that the '6 per cent of UK businesses generated half of the new jobs created by existing businesses between 2002 and 2008. This report offers a number conclusions and recommendations covering: the state of the SME lending market; RBS Global Restructuring Group (GRG); mis-sale of Hedging Products; and alternative finance

Author : Great Britain. Treasury
Publisher : The Stationery Office
ISBN 13 : 9780101874724
Total Pages : 126 pages
Book Rating : 4.23/5 ( download)

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Download or read book HM Treasury: Autumn Statement 2013 - Cm. 8747 written by Great Britain. Treasury and published by The Stationery Office. This book was released on 2013-12-05 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the improvement in the public finances, this year's Autumn statement is fiscally neutral and locks in lower spending by reducing departmental budgets for 2014-15 and 2015-16 by 1.1% but excluding local government, Security & Intelligence Agencies and HMRC. The Government will: cap the Retail Prices Index in business rates to 2% in 2014-15 and extend the doubling of Small Business Rate Relief to April 2014; will provide a business rate discount of £1,000 in 2014-15 and 2014-16 for retail properties with a rateable value of up to £50,000 and a 50% discount from business rates for new occupants of previously empty retail premises for 18 months; abolish National Insurance Contributions for under 21 year olds on earnings up £813 per week; remove cap on higher education student numbers; announce further reforms to make the most of the UK's science base; introduce a new tax relief for shale gas, and increase support for employee ownership and the creative industries; improve the UK's infrastructure with the National Infrastructure Plan 2013; and take further action to increase housing supply and support home ownership. Fuel prices will be frozen and the impact of policies on energy bills will be reduced. The average increase in rail fares will capped. Married couples & civil partners will be allowed to transfer £1,000 of their income tax personal allowance to their spouse where neither is a higher rate taxpayer.

Author : M. Beech
Publisher : Springer
ISBN 13 : 1137461373
Total Pages : 296 pages
Book Rating : 4.77/5 ( download)

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Download or read book The Conservative-Liberal Coalition written by M. Beech and published by Springer. This book was released on 2015-04-08 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a unique full term analysis of the Cameron-Clegg Government. From austerity to gay marriage, the Scottish referendum to combating IS, it brings together expert academic voices to provide rigorous yet readable insights on the key areas of government politics and the debates which will shape the 2015 general election.

Author : I.Q. Hunter
Publisher : Taylor & Francis
ISBN 13 : 1315392178
Total Pages : 473 pages
Book Rating : 4.72/5 ( download)

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Download or read book The Routledge Companion to British Cinema History written by I.Q. Hunter and published by Taylor & Francis. This book was released on 2017-01-12 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive and revisionist overview of British cinema as, on the one hand, a commercial entertainment industry and, on the other, a series of institutions centred on economics, funding and relations to government.

Author : Brian Lund
Publisher : Policy Press
ISBN 13 : 144732708X
Total Pages : 368 pages
Book Rating : 4.80/5 ( download)

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Download or read book Housing Politics in the United Kingdom written by Brian Lund and published by Policy Press. This book was released on 2016-10-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Affordable housing in the United Kingdom has become an ever more potent issue in recent years, as rapid population growth and a long-term lag in new housing construction have combined to making finding secure, affordable housing difficult for a broad range of people. This book uses insights from public choice theory, the new institutionalism, and social constructionism to lay bare the historically entrenched power relationships among markets, planners, and electoral politics that have made this problem seem so intractable.

Author : Great Britain. Parliament. House of Commons. Transport Committee
Publisher : The Stationery Office
ISBN 13 : 0215081153
Total Pages : 64 pages
Book Rating : 4.55/5 ( download)

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Download or read book HC 257 - Investing In The Railway written by Great Britain. Parliament. House of Commons. Transport Committee and published by The Stationery Office. This book was released on 2015 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Transport Committee welcomes record investment committed to the 'classic' rail network but calls for greater regional balance in spending. Network Rail must also regain the confidence of passengers following recent disruption. The Committee calls for the Government to take responsibility for rolling stock, to address general shortages and ensure there will be sufficient trains to run on newly-electrified lines. The Committee also concluded: (i) Record levels of funding show a welcome commitment to ’classic' rail but this should be set in a longer-term strategic plan for the rail network, which ties into a wider transport strategy; (ii) The overrunning Christmas engineering works were unacceptable; (iii) Network Rail must have adequate contingency plans. They must also work with Passenger Focus and train operating companies to improve communication with passengers when engineering works fail; (iv) In the light of the change of status of Network Rail the ORR must reconsider whether fining a public sector body remains an effective means for the regulator to exert control; (v) Greater transparency is essential around rail spending. Criteria used to allocate spending should be published.