Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
The chancellor’s claim that the Brexit agreement would bring a ‘deal dividend’ to keep taxes low and support public services is “not credible”, a group of MPs has said.
The government will secure a Brexit deal that will create a ‘dividend’ to keep taxes low and support public services, the chancellor told the Conservative conference today.
Chancellor Philip Hammond has urged meetings of the G7 and International Monetary Fund in Washington to increase action against ‘dirty money’ used to fund rogue regimes and illicit activity.
The economy is expected to grow more strongly than expected this year and the public finances will continue on the road to recovery, chancellor Philip Hammond revealed in his inaugural Spring...
The government’s aim for a budget surplus by the mid 2020s may be “no longer sensible” amid current weak economic forecasts, according to the Institute for Fiscal Studies.
Chancellor Philip Hammond has put on hold plans to increase the rate of National Insurance contributions for self-employed people announced in the spring Budget last week.
This was a “warm-up” Budget, with many key decisions deferred, delayed or scheduled for review. The chancellor may yet regret this lack of decisiveness
The spring Budget promised a review of taxation on North Sea assets aimed at maximising exploitation of remaining oil reserves, and on the extra £350m of “Barnett consequentials”...
There were no big surprises in this Budget and little sense of any solutions to intractable policy problems. The chancellor should beware of trying to micromanage from the centre
Local authorities are to share a £300m pot for discretionary business rate reliefs to help firms facing higher bills due to next month’s revaluation of the levy, chancellor Philip Hammond...
A small number of local authorities are to blame for half of all delayed discharges in the NHS, chancellor Philip Hammond said as he indicated this week’s Budget could provide targeted cash to tackle...
The chancellor can expect borrowing figures to be lower than expected when the Office for Budget Responsibility makes its forecast ahead of the spring Budget, the EY Item Club has said.
Small business have urged chancellor Philip Hammond to use next month’s Budget to provide them with transition support amid mounting concerns about the impact of April’s business rate...
