In the 2016 Autumn Statement, Chancellor Philip Hammond announced a major shake-up of the government’s Budget framework, which saw the scrapping of the Autumn Statement and the introduction of a new Autumn Budget.
Historically, the main annual Budget has generally taken place in the Spring, followed by an Autumn statement later in the year.
However, starting from Autumn 2017, the main annual Budget will now take place in the Autumn, and will be followed by a Spring Statement. The first Spring Statement will be delivered in Spring 2018.
The Autumn Budget 2017 will be announced by the Chancellor on 22nd November, we will provide full details in this section.
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