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.
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.
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.
‘Tax sandwich’ on offer despite Chancellor’s promise of March cuts February 21, 2024 Lower interest rate expectations are likely to increase the Chancellor's headroom from £13bn in the Autumn Statement to £23bn this spring, according to the Resolution Foundation.
Ricardian Equivalence and why Britain’s really in a recession February 21, 2024 The intriguing factor governing low household spending isn't mortgages or energy prices, argues Paul Ormerod, but saving...
Hunting for a legacy? These are the taxes Jeremy should tweak February 20, 2024 If the Chancellor is looking to secure his legacy ahead of the General Election, he should use next month’s Budget to fix the thresholds and cliff edges that are distorting the economy, argues Tim Sarson Budgets are almost as much about political theatre as they are about policy, especially in the run-up to a general [...]
Hunt must ‘roll out the red carpet’ for firms looking to IPO, City group warns February 19, 2024 The government needs to “roll out the red carpet” for companies mulling an IPO to solve the listings drought, a top City body has warned.
Rachel Reeves: ‘Britain didn’t need a recession to bring down inflation’ February 15, 2024 "I don’t buy this argument that you need to have a recession to get inflation down," the shadow chancellor said at a press conference.
Why a recession does matter – and not just for Rishi Sunak’s career February 15, 2024 After months of debating whether the UK would fall into a recession, we finally have an answer. There's now a new debate: does it matter.
Jeremy Hunt and Rishi Sunak’s uphill task just got a bit steeper February 15, 2024 Rates will come down - probably in May, maybe in June - but they will take time to filter through to the wider economy. With an election looming, can the Tories expect anything to turn up?