Economic trends: fiscal reform expected in Autumn Statement

Published on 30 September 2016

While the UK’s economy has rallied after the post-Brexit shock, the Chancellor will have to rethink the country’s economic targets at the Autumn Statement, says Carl Emmerson, deputy director at the Institute of Fiscal Studies

The referendum result will impact the UK economy significantly. Monetary policy has swiftly been loosened in response with a package of measures including interest rates being cut from their already record low. The Autumn Statement in November will provide the first major set piece opportunity for the new Chancellor Philip Hammond to respond. Big decisions will need to be made over right fiscal policy, both for the near and longer term.

This article has been published in CCH Daily. The full article can be accessed here.

    Authors

    Carl Emmerson
    Carl Emmerson

    Deputy Director

    Carl, a Deputy Director, is an editor of the IFS Green Budget, an expert on the UK pension system and sits on the Social Security Advisory Committee.

    Comment details

    Publisher
    CCH Daily

    Suggested citation

    Emmerson, C. (2016). Economic trends: fiscal reform expected in Autumn Statement [Comment] CCH Daily. Available at: https://ifs.org.uk/articles/economic-trends-fiscal-reform-expected-autumn-statement (accessed: 29 April 2025).

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