The Chancellor, Jeremy Hunt, presented his 2023 Spring Budget to Parliament on Wednesday, with the main theme of the Budget targeted at tackling the UK’s productivity issues, with the aim to encourage those economically inactive back to work.
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The Chancellor, Jeremy Hunt, presented the Government’s Autumn Statement to the House of Commons on Thursday which has been eagerly anticipated following a volatile few months in the political and economic arenas.
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Following Chancellor’s Kwasi Kwarteng Mini budget speech last week, it seems that it was a ‘Mini’ budget in name only, as big changes were unveiled as a package of tax cuts aimed at addressing the rising cost of living and delivering future growth. Read our summary of the wider points that were not necessarily in
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The Spring Statement is not used as a full Budget, but more for tinkering of the numbers a little and providing some direction for future fiscal changes. However, since the Budget in the Autumn of 2021, inflation has risen sharply and everyone has felt the effects already, especially those on lower incomes. More than simple
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Against our expectations, Russia has launched a broad assault on Ukraine. Previous thinking was that Russia’s Putin would not dare an outright invasion of its neighbour in light of the likely cost of lives of Russian soldiers and economic hardship for Russian society at large. Vladimir Putin’s decision of a large-scale invasion of Ukraine marks
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From our phone calls and conversations we have with adviser firms, we know portfolio investors are concerned that the fear of Russia invading Ukraine is driving, at least in part, the poor start to the year experienced by capital markets. The cause of the current market volatility is not being caused by fears of Russia’s
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We love investing in the next generation of financial talent. Just recently, we were delighted to present Alton College student, Will Chubb, with our scholarship for Excellence in Economics at the annual award ceremony. A rising star around the corner The award – now in its second year – is made after interviewing the most
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AUTUMN 2021 BUDGET ANNOUNCEMENTS Individuals From 6 April 2022, National insurance rates are increasing by 1.25% for employees, employers and the self employed. The dividend tax rates will be increased in line by 1.25%. The basic rate dividend tax will increase to 8.75%, the higher rate dividend tax will increase to 33.75% and the additional
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