Search Acumen comments on the Chancellor’s Autumn Statement

Print This Post

23 November 2016


Search Acumen200Andy Sommerville, director of Search Acumen, comments:

 “After his first and last Autumn Statement, the property market will be cautiously toasting the Chancellor’s opening bid to tackle the housing crisis with the £2.3 billion Housing Infrastructure Fund and the pledge that £3.15bn will be sent straight to the Capital to create 90,000 affordable homes.

“However, the reality is that such investment is modest in the context of the groaning gap between supply and demand. The Chancellor said himself that ‘for too many the goal of home ownership remains out of reach’ and we must await the housing white paper for further clarity on how this ambition is to be truly revived.

“On a broader scale, it is encouraging to hear the Government’s attempts to shrink the significant UK productivity gap. Our productivity lags behind the US and Germany by around 30 percentage points and the investment committed to infrastructure and innovation should help bring productivity to the forefront of business planning as we enter the new year. Ultimately, greater productivity will link back to more efficient workflow and subsequently a healthier housing market for consumers. However, we must ensure that all this promised investment is targeted in areas which need it most and is used in the best way possible by businesses.”



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Leave a comment

* Denotes required field

All comments will be moderated before posting. Please see our Terms and Conditions

Legal Futures Blog

Is your marketing budget actually delivering a return?

Qamar Anwar 2

“Half the money I spend on advertising is wasted: the trouble is I don’t know which half.” Marketing pioneer John Wanamaker may have been forgiven for his lack of insight into his advertising budget back in the late 19th century, but what of today’s marketers? Surely in today’s data-driven age, accessing and utilising marketing budget data is commonplace? But in a world where there is a plentiful supply of data and information to aid marketing planning and decision making, it was quite shocking to see in new research that so many firms are investing in marketing activities that they openly admit are neither important nor effective.

October 19th, 2017