Money in the autumn statement was in short supply – but ministers do have tools now to boost development

paul smith crop

Jeremy Hunt’s ‘autumn statement’ offered thin gruel for housing but there are reasons to be optimistic, writes Paul Smith

It was billed as an “autumn statement for growth” (not a ‘growth plan’ though – that was a different prime minister, last autumn).

Jeremy Hunt, the chancellor of the exchequer, told us that his statement “sets out growth measures to back British business.” That it was an attempt to kick start our sclerotic economy and provide the “fiscal headroom” to reduce taxes and/or invest in public services.

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