Spring Statement 2025 On 26 March 2025, Chancellor Rachel Reeves presented her Spring Statement to parliament. Despite a backdrop of low economic growth and increasing government borrowing costs, the Chancellor remains committed to her ‘non-negotiable’ fiscal rules that aim to bring stability to the economy and security for working people.…
On 22nd November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament. Headlines included generous National Insurance Contribution (NIC) cuts for workers and the self-employed and the ‘biggest permanent tax cut in modern British history for businesses’. Below, we summarise the Autumn Statement headlines and other measures announced. Please…
On Friday 23rd September 2022, the Chancellor Kwasi Kwarteng announced a series of growth measures that the Government thinks will help businesses and households get through this winter and beyond. The chancellor announced: The 1.25% percentage point rise in National Insurance contributions will be reversed from 6 November 2022 and…