Spring Statement Summary March 2025

Spring Statement Summary March 2025

by | Mar 26, 2025 | Budget Summary

Spring Statement 2025: Key Tax Measures and Modernisation Initiatives Chancellor Rachel Reeves’ Spring Statement 2025, delivered on 26 March, arrived at a critical point for the UK economy. With the Office for Budget Responsibility downgrading growth forecasts...
Budget summary 30 October 2024

Budget summary 30 October 2024

by | Oct 30, 2024 | Budget Summary

The long awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament yesterday – 30 October 2024 – by the Chancellor, Rachel Reeves. We now know where the funds will come from to finance investment and...
Budget summary 6 March 2024

Budget summary 6 March 2024

by | Mar 6, 2024 | Budget Summary

As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow Conservatives by reducing the impact of taxation. Not an unfamiliar tactic for a government in a general election year. The impact of tax changes...
Spring Budget summary 2023

Spring Budget summary 2023

by | Mar 15, 2023 | Budget Summary

As expected, the Chancellor, Jeremy Hunt, resisted pressure to reduce taxes in any significant way, and the majority of his announced changes were already in the public domain. According to the Chancellor, the UK economy is on track to grow in the coming year with...
The Growth Plan 2022

The Growth Plan 2022

by | Sep 23, 2022 | Budget Summary

The new Chancellor of the Exchequer, Kwasi Kwarteng, delivered a fiscal statement referred to as The Growth Plan 2022 on 23 September 2022. The statement to a packed House of Commons centred on the government’s plans for generating growth. Colloquially referred...