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The UK economy is forecast to be the fastest growing major economy in 2016, but the Office for Budget Responsibility has forecast growth to slow and inflation to rise over the next two years.

The UK has a range of offers for budding entrepreneurs, including the Sirius Programme which supports graduate entrepreneurs from around the world looking to start their venture in the UK, the Global Entrepreneurship Programme that helps overseas entrepreneurs and early stage technology businesses or start-ups that want to relocate their business to the UK. We also offer our largest global scholarship scheme anywhere in the world here in India, led by our flagship Chevening Scholarships and Fellowships for Future Leaders, as well as Commonwealth Scholarships and British Council awards. Please do help get the word out to your best and brightest students.

This is unfair, and so from April 2017 employers and employees who use these schemes will pay the same taxes as everyone else.

It is an Autumn Statement that contains measures that will help people all over Wales, making it easier for them to save for the future, giving people on the National Living Wage a pay rise and supporting the pioneering work of Wales’ great universities by investing in research and innovation.

We will always support a market led approach; but we will not be afraid to intervene where there is evidence of market failure.