The Autumn Statement - what to expect

Nick Ogden is the CEO and founder of www.cashflows.com

"Undeniably, the Government has a lot to do to jointly raise the perception of the banks and ensure their lending schemes get into gear. This is why the autumn statement should consider collaborative efforts with alternative regulated providers, which offer innovative, streamlined services and money-saving opportunities, alleviating the responsibilities placed on the five incumbent banks. The Government has to implement immediate policies and not repeat previous unsuccessful ventures - the perfect, opportune time for the Government to review the impact alternative providers can have on business prosperity."

Andrew Smith, KPMG Chief Economist

"Disappointing news has become an unfortunate feature of recent Autumn Statements and again this year the Chancellor will have to accept downgrades to the Office for Budget Responsibility's growth projections. These will not be as savage as last year, when meaningful recovery was postponed for two years, but nevertheless point to further slippage in the fiscal position."

Nick Moore, the MD of We Trade It,

"The Autumn Statement needs to put SMEs at the heart of its reforms if Britain is to steer itself out of the current economic slump. Osborne needs to commit to the country's SMEs and more importantly deliver a clear plan of action that details how he will deliver the support that is so desperately needed."

Thomas McKinnin, @japancentraltoy

"Make it easier for people to.start a business by offering more start up investment."

 

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