by Ruth Clark | Nov 9, 2022 | Budget Announcement, Business
The market volatility resulting from the ill-fated mini-Budget on September 23 has created real concern for investors. Most of the measures announced that day were reversed just weeks later, but the fallout has left markets in a state of turmoil. The FTSE 100 was at... 
by Ruth Clark | Nov 2, 2022 | Budget Announcement
The majority of measures in former Chancellor Kwasi Kwarteng’s mini-Budget have been scrapped after new Chancellor Jeremy Hunt tried to settle markets and politicians across the House of Commons with an Emergency Statement on October 17. Gone is the controversial plan... 
by Ruth Clark | Oct 14, 2022 | Budget Announcement, Tax
Extension of Incentives and reliefs for Business Investments through (EIS, SEIS, and VCTs) by Chancellor to boost growth in 2022 The government-backed schemes such as Venture Capital Trusts (VCTs) and the Enterprise and Seed Enterprise Investment Schemes (EIS and... 
by Ruth Clark | Oct 5, 2022 | Budget Announcement, Tax
New chancellor Kwasi Kwarteng delivered his first mini-Budget, officially labelled ‘The Growth Plan 2022’, on September 23, and while it largely consisted of tax giveaways, it was not well received by markets. The FTSE 100 fell sharply on the day from 7,221 on... 
by Ruth Clark | May 30, 2022 | Budget Announcement
The chancellor unveiled emergency measures as part of a £15bn package to tackle the impact of soaring inflation, which has reached a 40-year high. How is it funded? Out of £15 billion, £5 billion of the package would be paid for by a levy on the profits of oil and gas... 
by Ruth Clark | Apr 4, 2022 | Budget Announcement, Spring Statement, Uncategorised
The Chancellor’s Spring Statement on March 23 was limited on giveaways, but there were some measures designed to help people struggling with the highest rates of inflation in 30 years. The Office for Budget Responsibility (OBR) has forecast that inflation will...