UK: It’s time for autumn statement - TDS

Research Team at TDS, suggests that the UK government today releases its first budget update under new PM Theresa May at lunchtime GMT.

Key Quotes

“We don’t expect much splash on the fiscal spending side: Chancellor Philip Hammond is likely to deliver a restrained budget update targeted at improving business productivity and helping the “Just About Managing”s (or JAMs), against a backdrop of a significant downward revision to the fiscal and economic outlook as the OBR updates its forecasts for the first time since the Brexit vote.”