Autumn Statement 2015: Quickfire reaction to all the key moves

Experts views on today's changes

Laura Miller
clock

Read our round-up of experts' first reactions on all the announcements from this afternoon's Autumn Statement and Spending Review. (Updated as more comes in...)

  Economics Nancy Curtin, Close Brothers Asset Management: "George Osborne has not deviated from his commitment to austerity. "Yes, he has loosened the purse strings for a much-needed boost for the defence budget and housebuilding, but he is also fully aware that he is not making as great inroads into the deficit as he would have liked. It is clear there are further cuts to come. "This is a key reason why the prospect of interest rate rises has become more distant in the UK. While the deficit is being addressed by Osborne's ongoing fiscal tightening, the economy's expansion is...

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

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Five years on from Covid: What's next for markets?

Five years on from Covid: What's next for markets?

It is now five years since the start of the UK’s Covid lockdown. Since then, we have seen considerable market and geopolitical-related change. Here, William Marshall looks back over the past five years and also explores what we might expect from markets...

William Marshall
clock 06 May 2025 • 4 min read
Gilt yields fall after Donald Trump backs down in 'tariff war'

Gilt yields fall after Donald Trump backs down in 'tariff war'

US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 2 min read
Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read