Budgets & fiscal events· Public spending· Productivity & industrial strategy· Economy and public finances Revised Statement: productivity, prospects and priorities ahead of the Autumn Budget 13 November 2017 Matthew Whittaker In this briefing paper we explore how the Budget looks set to be take place against an outlook for living standards that is even gloomier than the one likely to be facing the Chancellor on the public finances. This will reduce his room for manoeuvre but increase the need for action.