UK manufacturers urge Chancellor Jeremy Hunt to scrap Autumn Statement

Constant policy ‘flip flopping’

Valeria Martinez
clock • 1 min read

Make UK, which describes itself as the manufacturers' organisation, has called on Chancellor Jeremy Hunt to scrap the Autumn Statement in favour of a single annual fiscal statement to avoid “flip flopping” on policy.

As part of a survey published by Make UK and RSM, the association said the constant changes to policies on investment and research and development incentives in recent years have "significantly hampered" business' investment plans.  "Manufacturers are clear that many aspects of the current tax and regulatory system are not fit for purpose and are failing to promote vital investment in skills, capital and green growth," said Fhaheen Khan, senior economist at Make UK. "This is not helped by the fact we have two fiscal statements a year which hampers business' investment planning. We can...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Companies