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Treasury

  • Why the Spring Budget could be crucial for prospective homeowners

    March 1, 2024

    For anyone looking to invest in bricks and mortar, the contents of Jeremy Hunt’s Budget red box will likely be a source of more than a little fascination.

  • Spring Budget 2024: Hunt considering scrapping non-dom rules to fund tax cuts

    February 29, 2024

    With less than a week to go until next week's Budget, the Chancellor is looking for extra sources of revenue to fund his tax-cutting agenda.

  • Spring Budget 2024: What are business groups lobbying for?

    February 29, 2024

    Firms up and down the UK are waiting in anticipation for Jeremy Hunt and the Treasury to reveal the contents of next week’s Spring Budget.

  • Spring Budget 2024: Tax cuts are ‘bad economics and politics’ and voters prefer investment, Tony Blair Institute finds

    February 28, 2024

    "Not only are tax cuts bad economic policy right now, our new polling suggests they may also be bad politics," Tom Smith, director of economic policy at the TBI said.

  • Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says

    February 27, 2024

    Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.

  • Why is public spending central to Jeremy Hunt’s spring Budget decisions?

    February 26, 2024

    Researchers warned funding for “crowd pleasing” tax cuts “rests in large part on major cuts to public spending pencilled in after the next election”.

  • 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.

  • 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.

  • Spring Budget 2024: Government banks largest monthly surplus on record before March statement

    February 21, 2024

    January's figures are the last round of monthly borrowing figures before the Spring Budget, which is scheduled to be held on 6 March.

  • ‘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.

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