Spring Budget 2024: Air passenger duty on business class flyers to rise March 6, 2024 The Chancellor has confirmed a rise in business class air fares as part of the Spring Budget, breaking a pledge to the airline industry.
Government’s £800m offshore wind auction budget not enough, analysts warn March 6, 2024 Despite a budget increase, the UK's next round of auctions for offshore wind looks set to disappoint on power generation returns.
Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt March 6, 2024 These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.
Spring Budget 2024: Renters worry as Hunt coaxes landlords to sell with capital gains tax cut March 6, 2024 Today's Spring Budget saw landlords receive a surprise handout from Chancellor Jeremy Hunt after he cut the rate of capital gains tax applying to residential property by four per cent.
Spring Budget 2024: Government outlines steps to privately finance HS2’s Euston station March 6, 2024 The government has outlined the next steps for securing private sector funding for HS2's embattled Euston station in the Spring Budget today.
Spring Budget 2024: High earners set to pay more tax under band freeze, analysis suggests March 6, 2024 Chancellor Jeremy Hunt has announced that National Insurance will be cut by 2p to lower the tax burden ahead of a general election. But analysis from investment platform AJ Bell has found that high earners are set to pay more overall under the government's tax band freeze.
Spring Budget 2024: Small firms left waiting for more as VAT change gets lukewarm reception March 6, 2024 Small businesses have been left waiting for more following today's Spring Budget announcement.
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.