- £2.3bn housing infrastructure fund to deliver up to 100,000 new homes in areas of high demand
- £1.4bn invested to provide 40,000 additional affordable homes
- Ban of letting agent fees to tenants "as soon as possible"
- Abolishing the Autumn Statement. In Autumn 2017, Britain will have an autumn Budget, and from 2018, there will be a Spring Statement
- Additional £400m injected into venture capital funds through the British Business Bank, unlocking £1bn of new finance for growing firms
- Government no longer seeks to deliver a budget surplus in 2019/20
- OBR forecasts growth to slow to 1.4% in 2017 due to greater uncertainty
- Income tax allowance raised to £11,500 in April 2017 and raised further to £12,500, with the higher rate threshold to £50,000 by the end of this parliament
- National Living Wage to increase from £7.20 to £7.50 in April 2017 - representing a pay rise of over £500 a year to a full-time worker
In his inaugural, and surprisingly last, Autumn Statement, Chancellor of the Exchequer Philip Hammond announced the government's priorities for the economy.
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