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Have your say ahead of the Autumn Statement 2023 – London Wallet

Mark Helprin by Mark Helprin
September 27, 2023
in Real Estate
Have your say ahead of the Autumn Statement 2023 – London Wallet
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Jeremy Hunt

Ahead of the Autumn Statement on 22 November, you are being invited to have your say on new policy ideas to be considered in the upcoming announcement, as part of the HM Treasury’s policy-making process.

HM Treasury says it welcomes comments on existing policy, or suggestions for new policy. In order to inform policy development for the statement, your representation should contain policy suggestions for the upcoming fiscal event and explain the policy rationale, costs, benefits and deliverability of proposals. It should also be evidence based, providing clear arguments on how it contributes to the aims of the Statement.

You may wish to consider:

+ likely effectiveness and value for money

+ revenue implications for the Exchequer

+ how it supports growth

+ wider macroeconomic implications (for example, for economic stability, and supporting employment)
sectoral impacts

+ distributional impacts

+ locational impacts

+ administrative and compliance costs and issues

+ legislative and operational requirements

+ environmental impact

HM Treasury will not consider representations which are not practicable and/or that violate HM Treasury’s legal obligations, including but not limited to obligations on subsidy control, human rights and equalities.

HM Treasury adds it will delete representations which are inappropriate or offensive.

Agents wishing to comment in advance can use the representations portal until 5pm on 13 October 2023, at which point the platform will close.

You are strongly encouraged to submit your representation via the portal. If you cannot submit your representation online, please contact the Correspondence & Enquiries Unit using this webform by the same deadline as above.

If you are submitting your representation through the representations portal, when successfully submitted you should see a “thank you” page, which confirms we have received your representation.

Your representation will then be shared with appropriate teams to be considered alongside the development of policy and decisions on how funding is allocated.

Interest groups, individuals and representative bodies are invited to submit a written representation to HM Treasury to comment on government policy or suggest new policies to include in the Statement. The last annual budget was on 15 March.
As part of the November update, there will be new growth and inflation forecasts from the Office for Budget Responsibility and revisions to the current financial year’s government bond issuance plans. 





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