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Business News

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Business News

Wage stagnation leaving workers £11,000 worse off per year, data finds

Data published by think tank the Resolution Foundation has found that fifteen years of stagnating wages have left UK workers £11,000 worse off per year. According to the data, typical…

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20/03/2023
Business News

Budget boosts employment but living standards falling, says Resolution Foundation

Chancellor Jeremy Hunt announced an impressively broad suite of policies in the Spring Budget to encourage more people into work, but Britain's economy remains stuck in a 'deep funk', according…

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17/03/2023
Business News

Chancellor ‘pulled a range of policy levers’ to stimulate growth, says IFS

Responding to Chancellor Jeremy Hunt's 2023 Spring Budget speech, the Institute for Fiscal Studies (IFS) stated that a 'whole range of policy levers' were pulled in order to stimulate economic…

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16/03/2023
Business News

View our 2023 Spring Budget Report

Chancellor Jeremy Hunt delivered his 2023 Spring Budget speech yesterday, outlining a range of financial measures. Mr Hunt outlined a £27 billion transformation of capital allowances; a £500 million package…

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16/03/2023
Business News

Capital allowances reformed in ‘Budget for growth’

A £27 billion transformation of capital allowances from April was announced by Chancellor Jeremy Hunt as he delivered a 'Budget for growth'. The Spring Budget followed an improved forecast from…

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15/03/2023
Business News

2023 Spring Budget – the economic picture

Within his Spring Budget speech, Chancellor Jeremy Hunt announced that the UK economy 'will not now enter a technical recession this year'. In its official report, independent forecaster the Office…

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15/03/2023
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