Introduction Jeremy Hunt has delivered his Spring Budget, his fourth fiscal event as Chancellor, and the final Budget before a general election. The timing wasn’t ideal for Mr Hunt, as the economy recently slipped into recession and the Conservatives remain well behind in the polls. On the one hand, he would have to be financially …
Jeremy Hunt, the Chancellor of the Exchequer, has delivered his Spring Budget, and we wanted to keep you informed about what has just been announced. We’ll provide more detailed insight over the coming days, but for now, here are the main headlines. Taxes Employee National Insurance to be cut from 10% to 8% from April. …
Introduction Jeremy Hunt has delivered his Autumn Statement, his third fiscal event as Chancellor of the Exchequer. But as the Conservatives lag behind in the polls, growth remains sluggish and the general election looms ever closer, he has been under huge pressure to unveil a game-changing set of policies that reset the narrative, placate restless …
Jeremy Hunt, the Chancellor of the Exchequer, has delivered his Autumn Statement, and we wanted to keep you informed about what has just been announced. We’ll provide more detailed insight over the coming days, but for now, here are the main headlines. Taxes Employee National Insurance to be cut from 12% to 10% from January …
Jeremy Hunt, the Chancellor of the Exchequer, has delivered his Budget, in which he unveiled big changes to pensions and childcare as part of an effort to tempt people back into work. Here’s our summary of the main announcements: Pensions The lifetime allowance – currently £1,073,100 – to be abolished The tax-free annual allowance for …
Introduction Chancellor of the Exchequer Jeremy Hunt was brought in as a safe pair of hands by Liz Truss amid the fallout from last year’s Mini Budget. Of course, Ms Truss herself did not survive much longer, and after being kept in post by Rishi Sunak, Mr Hunt delivered his Autumn Statement, in which he …
Introduction “A week is a long time in politics,” as Labour Prime Minister Harold Wilson famously said. What, then, is two months? Or to be more exact, 55 days? On 6th September, Liz Truss, having defeated Rishi Sunak in the ballot of Conservative members, became Prime Minister. She duly appointed Kwasi Kwarteng – a man …
*Please note that since this article was written the Higher Tax Rate cut has been cancelled and so is no longer relevant. Reactions to the speech where it was mentioned have been included. Introduction So what was it? A ‘fiscal event’? A Mini Budget? Or a full-blown Budget from a new Chancellor determined to take …
Spring Statement: Key points at a glance The chancellor’s update on the economy comes amid surging prices for household bills and essentials. Chancellor Rishi Sunak has unveiled the contents of his Spring Statement in the House of Commons. He had been under pressure to help households with the cost of living squeeze, with prices rising …
Introduction On Monday March 23rd 2020, the UK went into its first lockdown, following the outbreak and rapid spread of coronavirus. At this point, Rishi Sunak had been Chancellor of the Exchequer for little more than a month, having replaced Sajid Javid on February 13th. He delivered his first Budget a month later, presenting what …
