Spring Budget 2023

Jeremy Hunt delivered his second fiscal statement on 15 March 2023. This was a much calmer time than his previous statement in November 2022, given against the financial chaos of his predecessors Budget under the ill-fated Liz Truss Premiership.

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This was the third fiscal statement this year and the third different chancellor to deliver it. We have had four Chancellors in the UK this year, but Chancellor three of the year, Nadeem Zahawi, didn’t get the opportunity to deliver a fiscal statement at all. Jeremy Huntâ€...
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The Growth Plan

September 23, 2022

EDIT - 17 October 2022

The text below was written at the time of the fiscal statement on 23 September 2022. Since then the original Chancellor, Kwasi Kwarteng, rowed back on the removal of the Additional Rate (45% tax above ÂŁ150,000 of personal income). After pressure from&nbs...
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Autumn Budget 2021

October 27, 2021

AUTUMN BUDGET 2021

Rishi Sunak delivered his third Budget as Chancellor on 27 October 2021. This year it was combined with the Spending Review for Government Departments and that spending element did take up the bulk of the speech which was light on new tax measures. The Chancellor certainly e...
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Budget 2021

March 4, 2021
A year ago Rishi Sunak delivered his first Budget as Chancellor. That was against the pandemic just starting and events overtook it rapidly. This year, with the pandemic appearing to be coming under control, he had a chance to lay out a future plan to restore the economy. Th...
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Spring Budget 2020

March 12, 2020

Spring Budget 2020

“Getting it done” was the constant refrain of Chancellor Rishi Sunak during his first Budget, delivered on 11 March 2020. An ironic phrase given this budget was originally scheduled for November 2019. The original Budget being delayed by the election. Of course, that ori...
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Autumn Budget 2018

October 30, 2018
Philip Hammond delivered his 3rd Budget as Chancellor on 29 October 2018. The Government have clearly decided to loosen the purse strings a little and the commitment to bring the Government finances back in to surplus has been delayed until at least 2025. Growth forecasts of...
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