Autumn Statement: “Corporation Tax and housebuilding policies to have biggest market impact”

by | Nov 23, 2016

Share this article

Jordan Hiscott

Jordan Hiscott, Chief Trader at ayondo markets says: 

“The importance of this year’s Autumn Statement cannot be underestimated, being the first since Britain voted to leave the EU.  While recent data may have shown little negligible effect from this tectonic change, the Government now needs to reassure UK business leaders of its strategy.

“In support of big business, it’s looking likely that the Chancellor will aim to reduce corporation tax to below 15% by 2020, which will make it the lowest of all G20 nations. Secondly, and a subject always close to the British public’s heart, will be home ownership. This will be a major focus, and will likely centre around cheap loans, giving housebuilders access to an overall fund to boost construction. This is technically already in place, but could be increased to £5billion worth of funding.”


Share this article

Related articles

Diversity and Resilience

Diversity and Resilience

Why SMEs are the backbone of the UK Economy, and how VCT and EIS products can play an important role in their success. We recently sat down with Reuben Wilcock, Head of Blackfinch Ventures to talk about Blackfinch’s Whitepaper “Tapping into UK SMEs” which provides not...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode