Rachel Reeves to promise Treasury reform as Labour party promises ‘new chapter’ for Britain March 19, 2024 Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture.
Hunt doubles down on ‘long term ambition’ to abolish National Insurance March 13, 2024 Jeremy Hunt today doubled down on his "long term ambition" to abolish employee National Insurance, but economists were doubtful that the measure will ever be implemented.
Gilts: Investors aren’t scared of UK’s ballooning deficit – yet March 13, 2024 Surging demand for UK gilts comes even as the Treasury announced plans in the Spring Budget to borrow more than ever from the private sector.
UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
Fact-checking Jeremy Hunt’s Spring Budget: Who are the real winners and losers? March 7, 2024 "I want to make a start on bringing down taxes. I’ve never said for one moment that I can bring them right down all in one go," the Chancellor told BBC Radio 4’s Today programme.
Jeremy Hunt admits National Insurance won’t be scrapped ‘any time soon’ March 7, 2024 Jeremy Hunt has admitted scrapping National Insurance (NI) - as he hinted at in Wednesday’s Budget - won’t happen “any time soon”.
‘It’s not uncommon’: Minister defends £15,000 taxpayer payout to settle Donelan libel claim March 6, 2024 A minister has defended a £15,000 payout of taxpayer money to settle a libel case after tech secretary Michelle Donelan falsely accused two academics of "sharing extremist views" and one of supporting Hamas.
Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut March 6, 2024 Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.
Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt March 6, 2024 These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.
Spring Budget 2024: OBR upgrades UK growth forecasts on lower inflation and growing population March 6, 2024 The OBR is markedly more optimistic than the Bank of England and has upgraded next year's prospects are better than expected