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Spring Statement Summary 2022

Spring Statement Summary 2022

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 …

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Spring Budget 2022

The Spring Budget Overview 2022

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 …

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The Autumn Budget

The Autumn Budget: Marks out of Ten…

Rishi Sunak, the Chancellor of the Exchequer, delivered his second Budget speech of the year on Wednesday October 27th. It was, he declared at the start of the speech, “a Budget for a new age of optimism”. He sat down an hour later with Conservative backbenchers furiously waving their order papers as he promised “a …

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Budget Summary October 2021

Autumn Budget Summary 2021

On Wednesday, October 27th Chancellor Rishi Sunak delivered his Autumn Budget to the House of Commons. He announced new plans for the government tax and spending plans, where he focused on what a post-Covid Britain would look like. One of his main points was that we would see an economy of higher wages, higher skills and rising …

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Budget October 2021

Autumn Budget Overview 2021

Introduction The Chancellor of the Exchequer, Rishi Sunak, presented his first Budget of 2021 on Wednesday March 3rd. Now, a little under eight months later, he was back, rising to speak after Prime Minister’s Questions as he once again tried to chart the UK economy’s recovery from the COVID-19 pandemic – and find a way …

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North East

Is the North East the new London?

When Chancellor of the Exchequer Rishi Sunak delivered his Budget speech in March much of the focus – inevitably – was on the economy’s recovery from the pandemic, and the cost of all the support measures.  But Sunak also announced a host of new initiatives including freeports and a new campus for the Treasury. One …

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Budget Summary 2021

March Budget Summary 2021

Setting out the government’s tax and spending plans for the year ahead, the Chancellor announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery and a series of tax-raising plans to help rebalance the public finances. Here is a summary of the main points. Coronavirus support …

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Budget 2021

March Budget 2021 Detailed

Introduction It is interesting to look back 12 months to Rishi Sunak’s first Budget: it was followed by a year none of us could have predicted or imagined. The Conservatives had won a comfortable majority in the December 2019 General Election. As expected, Sajid Javid became Chancellor and, in January, announced that the Budget would …

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Summer Budget 2020

The Chancellor’s Summer Statement 2020

Introduction On 11th March this year – less than four months ago – the new Chancellor of the Exchequer, Rishi Sunak, presented his first Budget following the Conservative victory in the December election. That Budget was, he declared, a “People’s Budget from a People’s Government.” It was certainly a Budget that was high on spending …

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