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Spring Budget

Spring Budget 2023 – Key Announcements

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 …

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Autumn Mini Budget

The Autumn Mini Budget Overview 2022

*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 …

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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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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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Wind Farm

The Net Zero Innovation Portfolio. What is it? And will it work?

Budget were made by the tax rises, both for individuals and companies, and by the inevitable bill for the pandemic.  There was a strong ‘green’ theme running through the Budget. This was shown through the National Infrastructure Bank being established in Leeds, and the Bank of England’s remit being revised to reflect the Government’s stated …

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Budget Summary

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

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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