The Autumn Budget: a summary

Chancellor of the Exchequer Philip Hammond. Credit: Sputnik International

The Chancellor of the Exchequer has announced the 2017 autumn budget. Here is The River’s pick of issues that matter most to students:

The National Living Wage will rise from £7.50 to £7.83 per hour.

£500 million will be put to 5G and full fibre broadband

A new railcard for 26-30 year-old will be introduced

Alcohol duty for wine, beer, cider and spirits will be frozen.

Air passenger duty on short and long haul economy flights will be frozen.

Fuel duty will be frozen.

The NHS will get a £2.68 billion injection over two years.

The 5p plastic tax will expand to take-away boxes and packaging.

£5 billion for housing, governments aims to build 300,000 per year.

 

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