Autumn Budget 2018

The Prime Minister announced at the Conservative Party conference that the end of austerity was in sight. Recent tax revenues have exceeded expectations, and although there was an expectation that these declarations and indicators would herald a relaxation of fiscal policy, the Chancellor is mindful of the potential fallout next year when we leave the EU, … Read more

spring statement summary

Spring Statement summary

The Chancellor, Philip Hammond, was keen to promote the positive aspects of the UK’s economic performance when he stood to present his Spring Statement on 13 March. Employment and manufacturing growth rising, Inflation and debt falling. The speech was also peppered with the usual political gambits to boost his party at the expense of the … Read more

Autumn Budget 2017

Autumn Budget 2017

Prospects for growth, especially for productivity have been downgraded, but the Chancellor was bullish in his forecasts for investment and the Government’s intention to sort out the slow pace of house building in the UK. A few non-tax comments of note were: Unemployment at its lowest rate since 1975. Chancellor is providing an extra £3bn … Read more

The Budget crystal ball

The Budget crystal ball

There is continuing speculation in the financial press about the likely changes that Philip Hammond will introduce in his Budget announcements on 22 November 2017. Politically, he is being encouraged to be radical, to offer more to younger voters. Changes mooted include: Easing the burden of student debt – this may include a one-off write … Read more