For the public sector, the Budget marked a noticeable move away from the austerity of previous Conservative chancellors. Departmental spending will increase across the board with particular focus on Levelling-up and the NHS.
Unlike most recent Budgets that have offered unparalleled business support through the pandemic, during this Budget there were no silver bullets. The challenges firms face will continue and despite specific interventions to alleviate pain in certain areas, the overall message was that business will have to chart its own course.
To help you plan your approach and make the right decisions, our experts share their takes on what Autumn Budget 2021 means for you.
Read the responses from our experts
Paul Dossett, Head of Local Government, commented:
“There were more spending commitments than expected in today’s Spending Review with budget increases announced across all departments, and an estimated average increase of 3% a year in core spending power for local government."
Karen Campbell-Williams, Head of Tax, commented:
“Today’s Budget unveiled higher than anticipated spending which the Chancellor aims to fund by a combination of higher taxes and a gamble that the better-than-expected economic growth and productivity predictions will come to pass."