Relief as UK Chancellor Jeremy Hunt extends VCT and EIS sunset clauses Autumn Statement Chancellor Jeremy Hunt confirmed that the Venture Capital Trusts and Enterprise Investment Scheme sunset clauses would be extended to 2035 as part of today’s Autumn Statement.
Spring Budget 2024: Astrazeneca to invest £650m in Cambridge and Liverpool Investment AstraZeneca is to invest £650m in the UK, Chancellor Jeremy Hunt has announced in his Spring Budget.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says UK Politics Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Jeremy Hunt defends spending ‘cuts’ as Reeves slams fiscal drag impact November 23, 2023 UK Chancellor Jeremy Hunt Chancellor has denied his decision not to increase public spending in line with inflation will result in worse public services.
Chancellor Jeremy Hunt says Bank must act – even if hikes slow UK economy May 26, 2023 Chancellor Jeremy Hunt has backed interest rate hikes being used to calm soaring inflation even if they increase the risk of pushing the UK into recession. Mr Hunt insisted in an interview aired on Friday that the “only path to sustainable growth” is to bring down the high prices behind the cost-of-living crisis. The Bank [...]
British Patient Capital invests £10m into biotech firm developing cancer drug discovery platform February 27, 2024 British Patient Capital, the venture capital subsidiary of UK government-owned British Business Bank, has invested £10m into biotech firm Curve Therapeutics to support its cancer drug discovery technology.
Hunt reportedly set to retain SMEs 19 per cent tax rate amid fears for tech March 12, 2023 Small and medium sized enterprises (SMEs) are set to hold on to the 19 per cent rate of company tax amid concerns for the future of the UK’s tech sector, the Mail has reported. Chancellor Jeremy Hunt will hand small and medium businesses major tax breaks to boost investment in the spring statement this week, [...]
Recession off the cards, getting over 50s ‘back to work’, strikes and banks take stock – the five best read stories on City A.M. this week March 17, 2023 It was the week UK Chancellor Jeremy Hunt laid out his first Spring Budget, but as pension savers and taxpayers looked on, fears of a recession appeared to fade, although the sagas of banks Silicon Valley Bank, Credit Suisse and on-going strikes raged on; here are the stories readers were flocking to on City A.M. [...]
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.
Silicon Valley Bank: ‘Serious risk’ to UK tech and life sciences, Jeremy Hunt warns March 12, 2023 The collapse of Silicon Valley Bank UK (SVBUK) poses a “serious risk” to the UK’s tech and life sciences sectors, Chancellor Jeremy Hunt has warned. Ministers have said urgent plans to protect businesses from the fallout are being drawn up. Talks between Hunt, prime minister Rishi Sunak and Bank of England (BoE) governor Andrew Bailey [...]