Insight

In this section experts provide in-depth analysis of the important themes and issues facing the banking industry

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  • Chief Executive’s newsletter – December 2015

    Anthony Browne

    Welcome to my newsletter

    The nights are drawing in, high streets are packed with shoppers, and mince pies are back on the supermarket shelves. It can only mean that Christmas is fast approaching, signalling that a year of challenges and change for the banking industry is coming to a close.

    The Autumn Statement was the last set-piece political event of 2015. The Chancellor reiterated his commitment to balancing the books and was given further room to manoeuvre by a £27 billion revision to the public finance forecasts by the Office for Budget Responsibility. He also set out a new apprenticeship levy on company payrolls as part of broader changes to business taxation.

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    Written by Anthony Browne

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