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Spring Budget 2024

  • 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: British ISA ‘doomed to fail’ as new policy gets mixed reaction

    March 6, 2024

    The British ISA unveiled at today’s Spring Budget has provoked mixed reactions from the finance industry, with some arguing that it is “doomed to fail”. The new British ISA, which will be launched following a three-month consultation, allows savers to invest an extra £5,000 tax-free in UK equities, on top of the £20,000 ISA allowance. [...]

  • Spring Budget 2024 Live: British ISA, NI cuts, higher taxes on business class fliers and child benefit tax changes

    March 6, 2024

    City A.M. will be covering the Spring Budget live from its newsroom in the heart of the City of London so stay tuned for further updates.

  • Spring Budget 2024: Business leaders livid ‘overwhelming’ case for one tax cut didn’t land

    March 6, 2024

    Bosses, including the chief of Marks and Spencer and the head of British Airways, have reacted with fury this afternoon, following the Chancellor’s snub of  the tourist tax. 

  • Hunt’s tax cuts are just traps for Labour

    March 6, 2024

    Hunt's budget has done little to turn Tory fortunes around, but it will make Labour's job harder, writes John Oxley.

  • Spring Budget 2024: Hunt pledges £170m to make justice system ‘fit for the modern era’

    March 6, 2024

    Hunt stated that "too many legal cases, particularly in family law, should never go to court." He added that "it would cost us less if they didn’t.”

  • Spring Budget 2024: Astrazeneca to invest £650m in Cambridge and Liverpool

    March 6, 2024

    AstraZeneca is to invest £650m in the UK, Chancellor Jeremy Hunt has announced in his Spring Budget.

  • Spring Budget 2024: Is levelling up coming to Canary Wharf? Hunt injects £243m into new homes in banking district

    March 6, 2024

    Canary Wharf is set to receive a multi-million pound cash injection to build more homes in the capital’s banking district. 

  • 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 confirms vaping tax and one-off tobacco duty hike to fund NI cut

    March 6, 2024

    Jeremy Hunt has confirmed the UK government will introduce a tax on vaping and e-cigarettes in a bid to raise the funds necessary for a two pence cut to National Insurance.

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