All the updated news related to spring budget

All the news related to spring budget updated in real time

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Chancellor reclassifies nuclear power as ‘environmentally sustainable’

Nuclear energy is to be reclassified as “environmentally sustainable” to give it the same access to investment incentives as renewables, the Chancellor has said. In his Spring Budget delivered on Wednesday, Jeremy Hunt said the Government will ...

15 Mar 2023 at 14:53

Chancellor’s budget shows his head is ‘buried in the sand’, say green groups

The Chancellor has been accused of keeping his head “buried in the sand” and committing public money to expensive solutions to the climate and energy crisis. Jeremy Hunt reiterated in the Spring Budget the Government’s desire to invest £700 ...

15 Mar 2023 at 16:53

Personal Finance

Relief should be given on tax that affects insurance costs say industry bodies

Relief on a tax which affects the cost of insurance should be granted to some sectors, a body representing brokers is urging. This relief could, for example, support people living in impaired high-rise cladded buildings and help businesses ...

09 Mar 2023 at 18:40

Hunt to announce 2p national insurance cut in pre-election Budget

Jeremy Hunt is expected to make a 2p cut to national insurance central to his Budget, which he said would deliver “more opportunity and more prosperity”. The Chancellor, who has faced pressure from Tory MPs to ease the record-high tax ...

06 Mar 2024 at 00:01

Increase capital funding in spring Budget, Robison urges Chancellor

Scotland’s Deputy First Minister has urged the Chancellor to increase funding for capital projects in his spring Budget. With the fiscal event due on Wednesday, Shona Robison has again pushed for an increase in funding to the ...

06 Mar 2024 at 00:01

Hunt urges voters to back his plan as he prepares to unveil pre-election tax cuts

Jeremy Hunt insisted his plan to get the economy on the path to “healthy growth” and “bringing down taxes” was working as he prepared for a Budget aimed at saving the Conservatives’ election hopes. The Chancellor briefed the ...

06 Mar 2024 at 11:26

Hunt promises ‘permanent cuts in taxation’ in pre-election Budget

Jeremy Hunt has said “lower tax means higher growth” as he promised “permanent cuts in taxation” for families on the eve of his Budget, expected to feature a 2p cut in national insurance. The Chancellor said Prime Minister ...

05 Mar 2024 at 22:30

What could be in Wednesday’s Budget – and what has already been announced

Speculation continues to mount as the Chancellor prepares to deliver what is likely to be the last Budget before the general election. Most of that speculation has so far focused on tax cuts, although both Jeremy Hunt and ...

04 Mar 2024 at 13:15

Reeves: It will take time for Labour government to undo Tories’ economic damage

Rachel Reeves has admitted it would “take time” for a Labour government to “reverse the damage” the Tories have done to the economy over the past 14 years. Addressing the Parliamentary Labour Party on Monday evening ...

04 Mar 2024 at 18:00

Household Support Fund kept me afloat, says former nurse after scheme extension

A former registered NHS nurse who can no longer work due to a disability has said she would be “at rock bottom” without the Household Support Fund, which was extended for six months in the spring Budget on ...

06 Mar 2024 at 16:53

Life

What does the Budget mean for you?

The UK’s Chancellor of the Exchequer Jeremy Hunt has unveiled his Spring Budget. He plans for the Budget to revive both the economy and reverse the Conservatives’ opinion poll deficit, and said he was ...

06 Mar 2024 at 16:52

Hunt’s decision on windfall tax deeply disappointing, Scottish Tory leader says

Scottish Tory leader Douglas Ross has said he is “deeply disappointed” that the Chancellor extended the windfall tax on oil and gas firms, branding the decision from Jeremy Hunt as a “step in the ...

06 Mar 2024 at 15:19

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