Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Take control of your finances with these eight services
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

Summer Statement

  • Tax less, spend more: the Chancellor’s Summer Statement

    City Talk

    The Chancellor delivered an Economic Statement that may not have been heralded as a Budget, but nonetheless delivered some significant changes to the country’s taxation and spending regime.  In what was clearly a ‘Tax Less, Spend More’ statement, Rishi Sunak delivered not just a VAT cut for the few, but spending grants for the many.  [...]

  • VAT rate cut: implementation for businesses will be more complicated than it appears

    City Talk

    The Chancellor’s announcement is a welcome and targeted measure for the hospitality and leisure sector which has been impacted by COVID-19 and this VAT reduction from 20% to 5% is designed to help stimulate spending.  Prior to the announcement, there had been speculation that there would be a general rate cut – which we have recently [...]

  • Rishi Sunak Summer Statement: All the Chancellor’s spending pledges

    Summer Statement: Sunak reveals VAT and stamp duty cuts

    Chancellor Rishi Sunak today announced a raft of measures in his Summer Statement in a bid to help the UK economy recover from the worst effects of coronavirus. The Treasury boss revealed massive public spending to bolster the UK economy in what people are calling his mini-Budget. While he did not extend the government’s furlough [...]

  • Labour: Chancellor has ‘put off big decisions’ in summer statement

    July 8, 2020

    Shadow chancellor Anneliese Dodds has accused Rishi Sunak of putting off many of the “big decisions” until the autumn. Responding to the Chancellor’s statement Dodds said” “Today should have been the day when our government chose to build a bridge on what has been done so far and what needs to be done… we should [...]

Trending Articles

  • UK recession still on the cards after aggressive Bank of England interest rate hikes

  • FTSE 100 close: Deutsche Bank surges while Barclays and HSBC yank London index higher

  • Four day week? Sure - but you better be in on a Monday, say bosses

  • Former Symphony COO joins Cardano builder IOG as CEO of new Midnight blockchain project

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited