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Business News

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Business News

2023 Spring Budget – the business reaction

Business groups have reacted to Chancellor Jeremy Hunt's Spring Budget speech. The Confederation of British Industry (CBI) branded the Budget as a 'strong second act' in Mr Hunt's plan for…

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15/03/2023
Business News

2023 Spring Budget – the political reaction

Addressing the House of Commons, Chancellor Jeremy Hunt used the 2023 Spring Budget to announce an abolition of the pensions lifetime allowance; an extension to the fuel duty freeze; and…

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15/03/2023
Business News

2023 Spring Budget – what to expect

Chancellor Jeremy Hunt will present the 2023 Spring Budget today. We will keep you up to date on the key Spring Budget announcements and supply a summary, which will appear…

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15/03/2023
Business News

HMRC fails to tackle £2.3 billion furlough fraud

HMRC's failure to tackle an estimated £2.3 billion in furlough fraud has been criticised by MPs. The Public Accounts Committee (PAC) said that the levels of unrecovered error and fraud…

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14/03/2023
Business News

Chancellor to use Budget to get people ‘back to work’

Chancellor Jeremy Hunt will use the Spring Budget to remove the barriers that prevent some groups of people from returning to the workplace, according to a statement from HM Treasury.…

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13/03/2023
Business News

UK economy grew by 0.3% in January, official data reveals

Ahead of the 2023 Spring Budget next week, data published by the Office for National Statistics (ONS) has revealed that the UK economy grew by 0.3% in January 2023 after…

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10/03/2023
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