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Comment: An economists' view ahead of the UK Autumn Budget PDF Print E-mail
Wednesday, 22 November 2017
“There are a number of measures rumoured in the Autumn Budget that are likely to impact UK businesses, including changes to how business rates are calculated and investment in technology such as 5G connectivity and driverless cars. Following the Bank of England’s interest rate increase, there has been a widespread call for business rates to be frozen. Many businesses are keen to see supportive measures from the government to help them weather the challenges of our current environment, increase productivity and stimulate economic growth. 

“But even as businesses absorb the implications of the Autumn Budget, they will have a close eye to the ongoing Brexit negotiations; the UK settlement to the EU is still being negotiated and must be agreed ahead of any trade agreement. This uncertainty is impacting UK business confidence, and Dun & Bradstreet forecasts that real GDP growth in 2018 will slow to 1.3% (from 1.8% in 2016).”

Markus Kuger, Senior Economist, Dun & Bradstreet
 

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