budgeting

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...

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...

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...

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...