Autumn Statement 2012: Reaction This Library Note provides a brief summary of the key measures announced yesterday in the Chancellor’s Autumn Statement, before outlining the immediate reaction to the Statement as expressed by the Shadow Chancellor in the House of Commons and by a range of organisations and commentators. Ian Cruse Sarah Tudor 6 December 2012 LLN 2012/042 House of Lords Library Notes are compiled for the benefit of Members of the House of Lords and their personal staff, to provide impartial, politically balanced briefing on subjects likely to be of interest to Members of the Lords. Authors are available to discuss the contents of the Notes with the Members and their staff but cannot advise members of the general public. Any comments on Library Notes should be sent to the Head of Research Services, House of Lords Library, London SW1A 0PW or emailed to
[email protected]. Table of Contents 1. Introduction ................................................................................................................. 1 2. Autumn Statement ....................................................................................................... 1 2.1 Projections for Growth and Public Finances ........................................................... 1 2.2 Public Spending ..................................................................................................... 2 2.3 Investment and Infrastructure ................................................................................ 2 2.4 Measures Relating to Tax