Today's question: what do you want from the Chancellor's Autumn Statement?


Updated on 28 November 2011 | 7 Comments

As George Osborne prepares to deliver the Government's plans for the economy, we want to know what you think he should be focusing on.

Chancellor George Osborne delivers his Autumn Statement on Tuesday and he’s under huge pressure to deliver a plan that offers some hope for economic growth.

The Government is already talking up big projects to boost infrastructure, including improving road and rail links. And they have announced a ‘youth contract’ scheme to help young people into work.

There is also likely to be credit easing to help small businesses gain access to loans, with some of this to potentially be underwritten by the Government.

Meanwhile, various bodies have called for a variety of different measures to get people spending. These include a cut in VAT, abandoning the two planned increases in fuel duty, scrapping the public sector wage freeze and a one-off increase in child benefit before Christmas. There has also been a call to increase the Cash ISA savings limit to the same amount as stocks and shares ISAs (which many of you seem to agree with).

One move that seems likely to happen is a reduced cap on regulated rail fares. These were to be capped at 3% above the Retail Prices Index (RPI) rate of inflation from January. The cap is now likely to be reduced to 1% above RPI. This cap is also likely to be applied to Tube and bus fares in London.

We want to know what you want the Chancellor to deliver. Should he be lowering VAT? Scrapping the fuel duty rises? Or offering something else to get the nation moving again?

We’ll be bringing you reaction to the key announcements from the Autumn Statement that affect our money after the Chancellor’s speech.

More: The RAC reports soaring car costs | Why Britain should want the Euro to collapse

 

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