Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says February 27, 2024 Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.
Why high rates affect the UK’s public debt more than other G7 countries February 27, 2024 As the Chancellor comes under pressure to cut taxes in the Spring Budget, he will be forced to consider the surge in the UK's public debt interest costs.
Why is public spending central to Jeremy Hunt’s spring Budget decisions? February 26, 2024 Researchers warned funding for “crowd pleasing” tax cuts “rests in large part on major cuts to public spending pencilled in after the next election”.
Encourage investment and tackle skills shortages in Spring Budget, businesses say February 26, 2024 Chancellor Jeremy Hunt is unlikely to have significant scope for major tax cuts given the constrained fiscal position, but businesses are hoping Hunt will announce further measures to boost the economy.
New Dacia Spring likely to be UK’s cheapest electric car February 25, 2024 Here's what we know about the UK-specification Dacia Spring, an affordable electric car that has already proven popular in Europe.
Now is not the time for opportunistic personal tax cuts February 25, 2024 The government may think Slashing Income Tax or National Insurance will win votes, but boosting growth and restoring the UK's reputation as a stable place to invest should be the priority, says John Dickie
UK consumer confidence falls in February as technical recession is a bummer for Brits February 23, 2024 UK consumer confidence fell two points in February as reports of a technical recession dampened hopes.
Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Hunt’s record January surplus isn’t the good news the Chancellor was looking for February 21, 2024 The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.
Spring Budget 2024: Government banks largest monthly surplus on record before March statement February 21, 2024 January's figures are the last round of monthly borrowing figures before the Spring Budget, which is scheduled to be held on 6 March.