OBR and Hunt fail to see eye-to-eye on the UK’s fiscal position November 22, 2023 Listening to Jeremy Hunt, you would be forgiven for thinking the UK's public finances were in rude health. The OBR may disagree.
Relief as UK Chancellor Jeremy Hunt extends VCT and EIS sunset clauses November 22, 2023 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.
Lukewarm welcome as Hunt extends ‘limited’ mortgage scheme for first-time buyers November 22, 2023 The scheme, introduced in 2021, helps first-time buyers take out a mortgage with a five per cent deposit on homes worth up to £600,000.
UK tech industry welcomes Hunt’s R&D tax relief November 22, 2023 The UK tech industry has welcomed the Chancellor's plans to create a new "simplified" research and development (R&D) tax relief scheme in his Autumn Statement on Wednesday.
Pubs raise a glass to Hunt’s alcohol duty freeze and rates relief November 22, 2023 The UK's struggling pub sector has said it was "extremely pleased" with the news that alcohol duty will be frozen and business rates relief has been extended.
Autumn Statement: Hunt cuts national insurance by two per cent November 22, 2023 Jeremy Hunt has announced 110 pro-growth measures in today's Autumn Statement, with 'full expensing' at the heart of his plans to boost UK investment.
Hunt lays out plans for sweeping pension consolidation to unlock start-up cash November 22, 2023 The Chancellor Jeremy Hunt has laid out plans to consolidate the fragmented pension market in the UK riday in a bid to channel potentially billions of pounds of capital into start-ups and listed companies.
‘Largest business tax cut in modern British history’: Hunt makes full expensing permanent November 22, 2023 Jeremy Hunt has confirmed British firms are set to benefit from “the largest business tax cut in modern British history” as he announced full expensing would be made permanent.
OBR downgrades UK growth prospects as higher interest rates bite November 22, 2023 The Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK economy over the next couple of years as higher interest rates bite.
Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts November 22, 2023 Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.