Autumn Statement: 110 measures for growth and an election speech from Hunt November 22, 2023 Only seven weeks ago, Jeremy Hunt swore now was not the time for tax cuts. Now he is army Rishi Sunak with a manifesto of economic promises, writes Sascha O'Sullivan
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.
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.
‘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.
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.
The massive cost of decommissioning the UK’s oil and gas fields November 22, 2023 Decommissioning costs for the North Sea oil and gas fields could overtake UK capital expenditure within the next 16 years, according to a new report from the sector’s largest trade group. Offshore Energies UK’s (OEUK) 2023 Decommissioning Insight Report, published today, estimates that the process will account for one quarter of the UK’s total oil [...]
Sluggish global growth cannot be an excuse for Britain ignoring opportunities November 22, 2023 An industrial strategy will not go amiss, but we must look at far more to fix Britain's growth problem, writes Paul Ormerod
Sunak is right, Labour spending plans are stuck in a bind without tax hikes November 22, 2023 The ghost of Liz Truss risks haunting both parties at the next election. For the Tories, the damage her short-lived premiership did to their economic credibility is obvious. The threat to Labour is, admittedly, less intuitive. On Monday, Rishi Sunak argued that Truss and Rachel Reeves were two sides of the same fiscally irresponsible coin. [...]
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Hunt should ‘urgently’ announce UK response to US green deal, investors warn November 21, 2023 Chancellor Jeremy Hunt should “urgently” announce the UK’s response to the US green subsidy package to support business confidence, investors have warned.