5 December 2012
Local MP, Geoffrey Clifton-Brown has welcomed today’s Autumn Statement. The Chancellor of the Exchequer confirmed that the economic recovery is taking longer because the damage is worse than we feared. But the economy is healing. The last thing we could do is put all this progress at risk and attempt to borrow less by borrowing more. We cannot turn back.
The Chancellor has today announced critical measures that will be welcomed across The Cotswolds constituency. The personal allowance will rise further, meaning people will keep more of the money they earn before income tax kicks in. Labour’s planned fuel duty rise has been cancelled. Small businesses rate relief has been extended for another year. We have also seen a range of capital infrastructure projects to boost growth up and down the country.
The measures announced today will support the cost of living for households and unlock growth for our businesses and industry.
Welcoming the Chancellor’s Statement to the House of Commons, Mr Geoffrey Clifton-Brown MP said:
“This is good news for The Cotswolds constituency.
“The South West will see 2.1 million people get an income tax cut. The 3.5 million people who drive will welcome the cancellation of a rise in fuel duty that the Labour Government had previously planned. Businesses will welcome the drop in corporation tax and the small business rate relief. The raft of capital infrastructure projects will unlock growth and equip the United Kingdom to compete in the global economy.
“Times are tough. But the economy is healing – and the measures announced today will bring welcome support to families and businesses in The Cotswolds constituency” concluded Mr Clifton-Brown MP.
The Chancellor has today announced critical measures that will be welcomed across The Cotswolds constituency. The personal allowance will rise further, meaning people will keep more of the money they earn before income tax kicks in. Labour’s planned fuel duty rise has been cancelled. Small businesses rate relief has been extended for another year. We have also seen a range of capital infrastructure projects to boost growth up and down the country.
The measures announced today will support the cost of living for households and unlock growth for our businesses and industry.
Welcoming the Chancellor’s Statement to the House of Commons, Mr Geoffrey Clifton-Brown MP said:
“This is good news for The Cotswolds constituency.
“The South West will see 2.1 million people get an income tax cut. The 3.5 million people who drive will welcome the cancellation of a rise in fuel duty that the Labour Government had previously planned. Businesses will welcome the drop in corporation tax and the small business rate relief. The raft of capital infrastructure projects will unlock growth and equip the United Kingdom to compete in the global economy.
“Times are tough. But the economy is healing – and the measures announced today will bring welcome support to families and businesses in The Cotswolds constituency” concluded Mr Clifton-Brown MP.
