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Press Release

Autumn Statement boost for science and higher education welcome yet billions being wasted on ineffective and populist measures

5 December 2012

Responding to the Chancellor’s Autumn Statement today, Ian Brinkley, director of The Work Foundation, said:

“The Chancellor’s Autumn Statement was a mix of the welcome, the populist and the wasteful. Ultimately however, it was another missed opportunity to make a real difference to the UK’s economic prospects.

“The capital spending package was very welcome, especially increases for science and higher education. However, the cuts in fuel duty were populist and without economic merit. Similarly, the corporation tax cuts and higher capital investment allowances were wasteful and ineffective.

“Instead, the Chancellor could easily have doubled the capital investment package and made this an Autumn Statement to remember.”




Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.

As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.

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