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But we must constantly be alert to new threats to our tax base – and be willing to move swiftly to counter them.
From 2018 there will be a Spring Statement, responding to the forecast from the OBR, but no major fiscal event.
The meeting was co-chaired by Jesse Norman, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy (BEIS) and Allan Cook Chairman of Atkins. This work is being led by the MOD but is closely aligned with the work on the National Industrial Strategy which BEIS are leading.
And from April we will introduce 100% business rates relief for a 5 year period on new fibre infrastructure, supporting further roll out of fibre to homes and businesses.
At a working dinner at Lancaster House with the Secretary General this evening Sir Michael praised the NATO’s Enhanced Forward Presence commitment in the Baltic States in the face of an increasingly assertive and unpredictable Russia.
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