The Autumn Statement is a traditional statement made by the government that serves as a financial report. It is the second made every year, with the first being the Spring Budget. It is given by the Chancellor of the Exchequer, who provides MPs with information about the United Kingdom’s taxation and spending (BBC, 2016). Traditionally, the Budget dealt primarily with taxation while the Statement focuses more on department allocation. The information and data used is compiled by the Office of Budget Responsibility, which publishes its information as soon as the chancellor finishes his/her speech. Last year’s Autumn ...
Essays on Exchequer
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How did the colonist manage to win the war? What were the key reasons why the strongest military nation in the world (England) lost the war?
Introduction:
The American Revolution had been going on for quite some time as taxation without representation was quite a contentious issue in the colonies in the mid 1770’s. Naturally the British sought to impress their point of view on the colonists with rather brute force and this undoubtedly led to substantial friction between the ruling class and the colonial people. The situation got worse with the Boston Tea Party when the colonists dumped ...
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