Unfiltered: The growth impact of the Autumn Statement on businesses

Unfiltered: The growth impact of the Autumn Statement on businesses

On 28 November 2023, we welcomed senior finance professionals to the London Stock Exchange for our inaugural Autumn Statement debrief.

Highlights from the Autumn Statement debrief

Here are some key takeaways from an engaging and insightful panel discussion:

  • It’s not all doom and gloom.
    Rapid company formation, strong balance sheets, and minimal redundancies suggest a resilient UK economy.
  • Growth can mean many things.
    In tough times, growth is any incremental impact for customers and stakeholders.
  • Full expensing isn’t for everyone.
    This measure is better suited to larger businesses, particularly in manufacturing, with the profits to invest in plant and machinery.
  • R&D Tax Credits are complicated.
    A complex application process and hidden austerity could make it difficult for businesses to claim successfully.

Here are some key takeaways from an engaging and insightful panel discussion:

  • It’s not all doom and gloom.
    Rapid company formation, strong balance sheets, and minimal redundancies suggest a resilient UK economy.
  • Growth can mean many things.
    In tough times, growth is any incremental impact for customers and stakeholders.
  • Full expensing isn’t for everyone.
    This measure is better suited to larger businesses, particularly in manufacturing, with the profits to invest in plant and machinery.
  • R&D Tax Credits are complicated.
    A complex application process and hidden austerity could make it difficult for businesses to claim successfully.
Meet the panel
David Owen
Keynote
Chief Economist at Saltmarsh Economics

Amelia Isaacs
Moderator
Senior Reporter at AltFi

Carlo Gualandri
Panelist
CEO at Soldo

Baron Anyangwe
Panelist
Finance Director at Love Cocoa

Giles Andrews
Panelist
Co-Founder at Zopa

Event supported by