Home Business NewsEconomic News Autumn Statement 2013: George Osborne promises "responsible recovery"

Autumn Statement 2013: George Osborne promises "responsible recovery"

by LLB Editor
2nd Dec 13 9:40 am

Chancellor George Osborne has promised to cut the cost of green levies in the Autumn Statement this Thursday.

Speaking on the BBC’s Andrew Marr show, Osborne said he would stick to his “responsible recovery” plan.

“In the Autumn Statement I will say the job is not yet done because we have got to make sure we go on taking the difficult decisions to secure the recovery,” he said.

“We also want a responsible recovery. We want to learn from the mistakes of the past and not see a re-emergence of those problems in the financial system that brought this country to its knees.”

Osborne is expected to announce plans to allow energy companies to spread home insulation programmes over two years instead of four.

He is also expected to launch a scheme where new homeowners are given £1,000 to insulate their homes.

Plans for an increase in personal allowance, a duty freeze and tax-free childcare are also on the cards.

The chancellor is also planning to increase the amount savers are allowed to deposit in an Isa per year.

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