Budget Updates

Spending Review – 25 November 2020

Late November should have seen the Chancellor announce his Autumn Budget and a Comprehensive Spending Review covering the next three financial years. ...

Winter Economy Plan 24 September 2020

Rishi Sunak's main focus was on measures to safeguard as many jobs as possible and provide additional help and support to businesses as they navigate ...

Summer Statement 2020

The Chancellor, Rishi Sunak, has spent so much time in the spotlight that it seems hard to believe he has not yet been in the job for five months. Tod...

Budget Summary Spring 2020

The new Chancellor, Rishi Sunak used a recurrent phrase "….get it done" in his Budget speech. It could equally have been "get it spent" or "get it b...

Spring Statement 2019

The Chancellor found himself presenting his second Spring Statement sandwiched between a series of crucial Brexit votes. His speech was peppered with ...

Budget Summary Autumn 2018

Delivered on a Monday afternoon instead of the traditional Wednesday, between key meetings in the Brexit negotiations and amidst turbulent times in We...

The Chancellor’s first Spring Statement 2018

Mr Hammond made clear some while ago that he wanted his Spring Statement to be a short financial briefing rather than a mini-Budget, complete with rab...

Budget Summary Autumn 2017

Mr Hammond will probably be pleased if commentators decide that his Autumn Budget was a steady-as-she-goes, broadly modest Budget. After the national ...

Budget Summary Spring 2017

Chancellor Philip Hammond’s first, and last, Spring Budget was delivered at a pivotal moment for the UK as it readies itself to begin the process of...

Autumn Statement November 2016

Philip Hammond’s first Autumn Statement was also his last. After two Budgets in 2017, from 2018 onwards we will have a Spring Statement and an Autum...

Budget Summary Spring 2016

Budget highlights The launch of a new Lifetime ISA from April 2017 for adults under the age of 40, with a maximum contribution of £4,000 a year ...

Autumn Statement November 2015

Mr Osborne’s primary goal was to deliver the Spending Review, so there was a heavy emphasis on departmental expenditure and the £4,000bn expected t...

Budget July 2015

The first Budget after a general election is traditionally the time for introducing unpopular measures. The Chancellor is not constrained by a coaliti...

Budget March 2015

This year’s Budget was pretty political – which is no great surprise given the forthcoming general election in May. There can be little doubt that...

Budget Summary for 2014

The combination of late Autumn Statements and early spring leaks has left recent Budgets largely devoid of surprises. Most pundits believed that the 2...

Budget Summary for 2012

The contents of George Osborne’s third Budget were so well rehearsed by politicians, pundits and papers that the real thing threatened to be an anti...

Budget Summary for 2011

After two Budgets and three Finance Acts in 2010, the 2011 Budget looked as if it might be a relatively mundane affair. In the event, it was anything ...