Freedom, fairness and responsibility: a submission to the Autumn Statement 2012

Adam Corlett, Tom Frostick and Sean O'Brien
November 2012

The Autumn Statement on 5 December is an opportunity for the coalition to reflect on the past two and a half years in government and renew its commitment to the values of freedom, fairness and responsibility.

This paper sets out a number of specific proposals that we would like to see contained in the Autumn Statement. The intent and purpose of the paper is deliberately narrow.

We put forward practical ideas that would realise important savings and additional revenue for the Exchequer at a time of fiscal consolidation. However, we do not enter into the broader political debate over the government’s fiscal mandate or the appropriate ratio between tax increases and spending cuts.

Our proposals deliver tax reforms and marginal savings to the welfare budget, raising over £17 billion in total. We also call for supply side reforms that reduce red tape and boost economic growth.

Download the full report.

Download the media release.

Select media coverage: ConservativeHome, New Statesman (Staggers), Public Finance