budgeting

  1. Autumn statement 2022: What does it mean for UK business?

    Autumn statement 2022: What does it mean for UK business?

    Jeremy Hunt has announced £25 billion in tax rises and public spending cuts to help balance the books. Addressing parliament today (November 17th), the Chancellor said he had to make “difficult decisions” to tackle inflation and restore financial credibility while protecting the most vulnerable...
  2. What can we expect from the government’s Halloween Budget?

    What can we expect from the government’s Halloween Budget?

    The Chancellor will announce his medium-term fiscal plan, along with official forecasts from the Office for Budget Responsibility, on 31st October. It comes on the heels of a period of political turmoil, which saw Liz Truss resign after just 44 days as prime minister. It’s unclear who will take...
  3. What Jeremy Hunt’s Budget announcements mean for businesses

    What Jeremy Hunt’s Budget announcements mean for businesses

    Jeremy Hunt was appointed Chancellor of the Exchequer on 14th October 2022. He joined Liz Truss’s government at a tumultuous time – and he’s already moved to rip up almost all of the policies announced during the mini-Budget. Having only been prime minister for just over a month, the unfunded...
  4. ChrisGoodfellow

    Lizz Truss announces emergency measures to help businesses with energy costs

    The government announced the Energy Bill Relief Scheme this morning. The scheme will provide energy bill relief to non-domestic customers, including "all UK businesses, charities and the public sector such as schools and hospitals". Discounts will apply to fixed contracts agreed on or after 1st...
  5. Mini-Budget preview: Controversial tax cuts and long-awaited energy support

    Mini-Budget preview: Controversial tax cuts and long-awaited energy support

    This Friday, Chancellor Kwasi Kwarteng will deliver a mini-Budget to outline the new government’s spending plans. All eyes will be on promises of financial help, as the UK continues to struggle with a cost of living crisis and concerns over a looming recession. The Chancellor is expected to...