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
Spring Budget 2024: Changes to ‘unfair’ child benefit withdrawal for £50,000-plus earners March 6, 2024 Hunt said he will consult on moving the child benefit to a household-based system, which will be introduced by April 2026.
Spring Budget 2024: Hunt cuts National Insurance by 2p – What does it mean for you? March 6, 2024 The move follows a reduction of the same amount in the Autumn Statement, meaning the basic rate will move down to eight per cent starting from April.
The Notebook: When will the Bank of England begin cutting interest rates? March 6, 2024 | City Talk Where the City’s experts have their say. Today, Interactive Investor's Victoria Scholar talks interest rates, star-studded weddings and Bitcoin.
Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence March 6, 2024 The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.
Moving markets: Five things shaping the FTSE 100 today March 6, 2024 Asian markets falter with China stocks leading the decline, while bitcoin retreats from record highs. Apple's iPhone sales in China drop sharply. Attention shifts to the UK's Spring budget and Fed Chair Powell's testimony.
Spring Budget 2024: What will markets look out for? Gilts, rabbits and cuts March 5, 2024 Given the state of the UK's public finances, investors may get jittery if Hunt pulls too many rabbits out of the hat.
Spring Budget 2024: Jeremy Hunt to cut national insurance rather than income tax as rate windfall fails to materialise March 5, 2024 The Chancellor has repeatedly stressed his determination to bring down the tax burden, which is on course to rise to record levels no matter what Hunt announces in the Budget.
What is the OBR and why does it matter? March 5, 2024 Chancellor Jeremy Hunt will take centre stage tomorrow when he delivers the Spring Budget but investors are likely to pay just as much attention to the Office for Budget Responsibility (OBR).