Entries by mark

Spring Budget 2024

Against the backdrop of recession and increased government borrowing costs, Chancellor Jeremy Hunt delivered today’s Spring Statement. Most of the announcements had already been released to the press – no big surprises – a bit underwhelming in its detail.  Headlines include: VAT Threshold increased from £85k to £90K (it has been frozen for seven years […]

Autumn Budget 2022

Against the backdrop of recession and the highest monthly increase in inflation in over 40 years, Chancellor Jeremy Hunt delivered today’s Autumn Statement. The focus was on bridging a gap of some £55 billion in public finances with a combination of tax rises (£25 billion) and public spending cuts (£30 billion). The majority of the […]