ICR051: Autumn Statement 2015 Special

This week in episode 51 of the Informed Choice Podcast, Martin examines the Autumn Statement 2015.

There’s also a roundup of the latest personal finance and investing news.

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In the personal finance and investing new roundup this week:

-Barclays have been fined £72m by the Financial Conduct Authority for failing to conduct proper checks on their high net worth clients, because they did not want to inconvenience them.

-UK interest rates are expected to remain low for some time, according to Bank of England governor Mark Carney.

-Labour peer Baroness Bakewell has said that hundreds of thousands of women deserve compensation due to delays in the payment of their state pensions.

Main topic

On Wednesday, George Osborne, the Chancellor of the Exchequor, presented his Autumn Statement to the House of Commons.

This presentation was combined with his Spending Review, which set out government cuts for welfare spending and spending by government departments in Whitehall.

In this episode of the podcast, Martin summarises some of the main announcements in the Autumn Statement including the economic forecast, tax credits, social care precept, apprenticeships, affordable homes, stamp duty for buy to let and second homes, and pensions.

You can download the free Autumn Statement 2015 briefing note here.