Chancellor Jeremy Hunt's Spring 2024 Budget announcement included significant tax and spending changes that could affect personal and business finances ahead of a late election this year. Read here how this may affect you and your business.
The Chancellor, previously adamant about the near impossibility of tax cuts just two months ago, appears to have had a change of stance. Aligning with the Prime Minister, Mr. Hunt implied that halving inflation in 2023 marked a turning point in the economy, allowing for a new policy direction.
The latest OBR projections, now suggests that the UK economy will not experience a 'technical recession' in the current year, so we will now explore how this Spring statement impacts UK SMEs.
On Wednesday March 15th 2023, Jeremy Hunt is set to update parliament on the state of the economy and budget for the second time as Chancellor.
Rishi Sunak on 27th February 2023, announced the new landmark ‘Windsor Framework’ arrangement for goods moving between Great Britain (GB) and Northern Ireland (NI).