Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Autumn Statement: all the leaks, spin and lead balloons - in pictures!

We present a visual guide to what to expect today.

Leading the tip sheet on what to expect today is new measures on high-earner pensions, covering off discontent with the direction of travel among Lib Dems.

Tax relief for top bracket earners is expected to be reduced by up to 30%, in measures which are intended to raise up to £2 billion for the Treasury.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

After setting itself against the direction of international thought on tax visibility, the government has abruptly changed its mind in recent weeks as public opinion has hardened against aggressive corporate tax arrangements, such as Starbuck’s engineered UK losses.

Following the confirmation from Channel Islands that the UK is seeking to impose a domestic version of US Facta, expect more explicit measures.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

George Osborne had earlier shot down Lib Dem ‘mansion tax’ proposals but is rumoured to be considering a new holding tax on properties worth more than £2 million owned by non-residents.

He may also introduce new stamp duty measures on London’s money-no-object upper end residential property market.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

While servicing demands for some economic stimulation and new revenue generation, Osborne is not going to reverse direction on what has become the government’s touchstone issue, benefits.

Having pledged to cut another £10 billion from welfare spending by 2016 he will possibly attempt to do so by weakening inflation-linking.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Heavily floated beforehand is the government’s delay to the previously scheduled 3p rise in tax duty which would have been toxic in rural constituencies. This is expected to cost the Treasury £500 million – which politically the government cannot leave uncovered.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Around £5 billion capital spending on infrastructure, from schools and transport to support for science, has already been announced in recent weeks, funded by a further squeeze on Whitehall.

Osborne is also expected to announce specific projects which will be supported by £40 billion of government guarantees, which may adopt proposal’s contained in Lord Heseltine’s report on regional development.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter