The business impact of the latest budget

In a bold move, the Autumn Statement aims to secure £20 billion in annual business investments for the next decade. Key highlights include: Full expensing for businesses The full expensing scheme will become permanent, contributing to what the Chancellor dubbed the...

OBR downgrades UK growth amid fiscal windfall

In a report accompanying Chancellor Jeremy Hunt's ambitious Autumn Statement, the Office of Budget Responsibility (OBR) has revised the UK's economic growth forecast, indicating a modest growth of 0.6% this year instead of the anticipated 0.2% contraction. Looking...

Hunt’s 2023 Autumn Statement: the reaction

In his second full Autumn Statement as Chancellor, Jeremy Hunt outlined his plans for improving the fiscal outlook of the nation. As he promised to reduce debt, cut taxes, and reward work, the reactions from across the country started to roll in. Dr Roger Barker,...

Autumn Statement 2023: expectations

Chancellor Jeremy Hunt will deliver his 2023 Autumn Statement this afternoon (22 Nov), accompanied by an economic forecast from the Office for Budget Responsibility (OBR). Although inflation has eased significantly in recent months and new data shows Government...

Small businesses urge Autumn Statement support

The Federation of Small Businesses (FSB) has branded the forthcoming Autumn Statement as a pivotal juncture for the Government to reaffirm its dedication to the small business sector. According to the business group, the Chancellor should take a stand against late...