CIPFA Comment: Autumn Statement 2016

23-11-2016

PRESS COMMENT

23 November 2016

Rob Whiteman, Chief Executive of CIPFA said: “This was always going to be an Autumn Statement that left the chancellor with little wriggle room and there were no surprises in OBR’s projections that were announced. As a result it is no surprise that current departmental spending reductions remain in place. The fact that the UK’s productivity lags so worryingly far behind other G8  economies was the understandable driver behind  much of what followed.

“CIPFA welcomes the major boost to economically productive infrastructure investment, the confirmed city deals, the new flexibility for mayoral combined authorities’ borrowing, which CIPFA has long advocated, and more generally, the move to have one significant chancellor’s statement on tax on spending, rather than the two-a-year at present.

“However, the Autumn Statement was conspicuous for what it left out. CIPFA remains extremely concerned by the lack of commitment for social care, social housing and support for ‘Broken Britain’s’ areas of high need, which are in danger of missing out on the benefits to city deals and devolution.

“Hopefully the chancellor will take the opportunity of the Local Government Settlement to address the pressing need to support social care though the precept.”