All the updated news related to autumn budget

All the news related to autumn budget updated in real time

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Gas power plants boost SSE profits as Government eyes windfall tax on generators

Energy giant SSE has seen its profits balloon as high electricity prices saw its gas generation arm make a killing a day before the Government is expected to hit companies with an extra windfall tax. The company said that its renewables arm had ...

16 Nov 2022 at 14:14

How long will the recession last in the UK?

Chancellor Jeremy Hunt’s autumn statement has caused a spike in Google searches about the economy. The trending search terms include everything from what the OBR stands for to what the new rate is for the state pension. Here are the top ...

17 Nov 2022 at 15:51

Sunak refuses to apologise for economic damage dealt by Truss

Rishi Sunak has declined to apologise for the mistakes of Liz Truss’s government that are expected to add billions of pounds of tax hikes and spending cuts to his budget. The Prime Minister instead insisted on Tuesday that he will make ...

15 Nov 2022 at 13:20

Extra £6 billion funding for insulating draughty homes ‘too little, too late’

An additional £6 billion will go into making Britain’s homes and buildings cosier and cheaper to heat from 2025, to slash demand in expensive gas. Chancellor Jeremy Hunt said energy efficiency was “just as important” as a major ...

17 Nov 2022 at 16:32

Pound tumbles amid market fears for UK economy and impact of austerity budget

The pound has dropped sharply against the US dollar as financial markets fretted over warnings the UK is already in recession and fears Chancellor Jeremy Hunt’s austerity budget will compound the economic woes. Sterling ...

17 Nov 2022 at 15:32

Culture Secretary says ‘we want gambling to thrive’ after rumours of ‘tax raid’

Culture Secretary Lisa Nandy has said she wants the gambling industry to “thrive” amid rumours of a multi-billion pound “tax raid” on bookies. Earlier this week, gambling firms saw their shares tumble amid fears the ...

17 Oct 2024 at 11:36

Inheritance tax reforms having ‘chilling effect’ on Scottish farming – Swinney

Inheritance tax reforms introduced in the Chancellor’s Autumn Budget are already having a “chilling effect” on farming and rural businesses in Scotland, John Swinney has said. Speaking ahead of an address at the ...

13 Nov 2024 at 00:01

Lifting of cap on bankers’ bonuses expected in Chancellor’s autumn budget

Jeremy Hunt is expected to lift the cap on bankers’ bonuses when he delivers his autumn budget on Thursday. The Financial Times first reported the Chancellor will make the lifting of the cap one of the few ...

16 Nov 2022 at 01:49

British businesses grow at slowest rate in 11 months amid Budget uncertainty

Activity across the UK’s private sector slipped to an 11-month low in October, amid growing business uncertainty ahead of the Autumn Budget. The S&P Global flash UK composite purchasing managers’ index ...

25 Oct 2024 at 09:41

NHS is entering winter ‘in bad shape’ as new figures show rising waits

The NHS is going into winter “in bad shape”, experts have warned, as new figures show key targets continue to be missed amid rising waits. Figures from NHS England show the waiting list for routine ...

10 Oct 2024 at 14:02

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Rural Support offers help to the farming community during challenging times

Every year brings its own challenges and 2024 is proving no different as farmers begin to grapple with changes to Agricultural Property Relief (APR) announced in the Autumn Budget. Farmers have ...

28 Nov 2024 at 10:33

Sunak warned public spending freeze would return services to 2010s austerity

Many public services would be stripped back to levels seen in the 2010s era of austerity if Rishi Sunak freezes public service spending, a think tank has warned. Ahead of their autumn budget, ...

30 Oct 2022 at 11:56

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