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Responding to the chancellor's Autumn Budget delivered today, David Postings, Chief Executive of UK Finance, said:
The chancellor’s Budget today focused on investment and economic growth, areas in which the financial services industry plays a critical role.The UK has a significant shortfall of homes and we welcome commitments to increase the supply of new housing, as well as the support being provided to help green the housing stock. The financial services sector provides high-skilled jobs across the country. As our recent tax report highlighted the sector is a significant contributor to the exchequer, including through employment taxes, which will increase as a result of the National Insurance changes.
The chancellor’s Budget today focused on investment and economic growth, areas in which the financial services industry plays a critical role.
The UK has a significant shortfall of homes and we welcome commitments to increase the supply of new housing, as well as the support being provided to help green the housing stock.
The financial services sector provides high-skilled jobs across the country. As our recent tax report highlighted the sector is a significant contributor to the exchequer, including through employment taxes, which will increase as a result of the National Insurance changes.
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