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Articles tagged with: Budget
Brexit Has Made Shortages Worse, Government Told In Budget Analysis
Brexit
Brexit Has Made Shortages Worse, Government Told In Budget Analysis
Brexit has made supply chain "bottlenecks" worse in the UK, according to the independent financial watchdog that provides the government with data. 
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Economy
By Chartered Management Institute
Immediate Budget reaction from CMI
The Chartered Management Institute has released its initial reaction to today’s Autumn Budget.
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Home affairs
By Bar Council
Bar Council responds to Autumn Budget
Responding to the Chancellor’s Budget and Spending Review today, Derek Sweeting QC, Chair of the Bar Council, said:
Chancellor Warns The Supply Chain And Energy Crises Will Persist For Months
Economy
Chancellor Warns The Supply Chain And Energy Crises Will Persist For Months
Rishi Sunak has warned that supply chain disruption that has led to price rises and empty supermarket shelves will continue "for months" amid growing warnings that the country faces shortages in the run-up to Christmas.
Rishi Sunak Overhauls Business Rates And Universal Credit In His Autumn Budget
Economy
Rishi Sunak Overhauls Business Rates And Universal Credit In His Autumn Budget
Rishi Sunak has claimed the UK's economic recovery from the pandemic is faster than our "major competitors" as he sets out an Autumn Budget that he said included the highest departmental spending in a century.
Cutting business rates is needed to save our high streets
Economy
By Simon Fell MP, John Stevenson MP and Scott Benton MP
Cutting business rates is needed to save our high streets
As Conservative MPs, there are certain issues we constantly hear on the doorstep. The future of bricks-and-mortar retail is one of them.
An additional £8bn funding is needed to help the existing social care system recover
Health
By Charles Tallack
An additional £8bn funding is needed to help the existing social care system recover
On 7th September, the government announced a new health and social care levy. This will increase National Insurance contributions and raise around £10bn a year – £30bn over the next three years.
Fresh aid cuts would further diminish Global Britain as a force for good
Economy
By Liam Byrne MP and Andrew Mitchell MP
Fresh aid cuts would further diminish Global Britain as a force for good
We are not naive: we’ve both been around the block. One of us negotiated spending settlements with the Treasury as the international development secretary, while the other agreed departmental budgets as chief secretary to the Treasury in the wake of the global finance crisis. So, we know what’s going on in the corridors of power, at this very late stage, on the eve of the Chancellor’s spending review.
The food and drink industry needs government support as supply chain crisis deepens
Economy
By Jayne Almond
The food and drink industry needs government support as supply chain crisis deepens
As the Chancellor assesses the damage to public spending caused by the pandemic and an economy at the mercy of global headwinds, will this be his moment to assert control and set out how the UK government will “build back better”?
Michael Gove Is Holding Regular Talks With Top Red Wall MPs To Flesh Out Levelling Up
Communities
Michael Gove Is Holding Regular Talks With Top Red Wall MPs To Flesh Out Levelling Up
Michael Gove has told officials in his department to engage directly with the increasingly influential Northern Research Group (NRG) of Conservative MPs on levelling up as he tries to flesh out the government's headline policy.
Rishi Sunak Insists He Is A Low Tax Tory, But Won't Rule Out Further Rises
Economy
Rishi Sunak Insists He Is A Low Tax Tory, But Won't Rule Out Further Rises
Rishi Sunak said he is instinctively low tax, but refused to rule out further rises before the next general election.
The UK must show it remains a world-leading place to invest
Economy
By Andy Burwell
The UK must show it remains a world-leading place to invest
This week the UK will host investors from around the world at the Global Investment Summit. This is not only an opportunity to showcase British investment opportunities, innovation and expertise but it is also an important moment to remind decision makers why the UK has always been a top place to invest and grow.
The Chancellor should take this opportunity to support Scotch whisky and help Scottish business build back better
Economy
By David Duguid MP
The Chancellor should take this opportunity to support Scotch whisky and help Scottish business build back better
The Chancellor has the opportunity to show his support for the Scotch whisky industry in the Budget by not increasing a duty burden that already sees nearly 70 per cent of the cost of a bottle of Scotch claimed by the Exchequer.
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Communities
By Building Societies Association
Chancellor brings confidence back to the housing market
BSA Property Tracker
Public Services Face “Second Dose Of Austerity” To Meet Rishi Sunak’s Spending Cuts, Warns IFS
Economy
Public Services Face “Second Dose Of Austerity” To Meet Rishi Sunak’s Spending Cuts, Warns IFS
New analysis of Rishi Sunak’s Budget by a leading economic think tank warns either taxes or borrowing will need to be hiked or “many public services are due a second, sharp dose of austerity”.
Freeports will open up another gap in Britain's already over-stretched defences against economic crime
Communities
By Margaret Hodge MP
Freeports will open up another gap in Britain's already over-stretched defences against economic crime
The freedom from customs duties coupled with light-touch regulation will enable freeports to become onshore tax havens for criminals, kleptocrats and tax avoiders who all want to hide their ill-gotten gains.
The Budget was a missed opportunity to champion women
Economy
By Wera Hobhouse MP
The Budget was a missed opportunity to champion women
Women have born the brunt of this pandemic, yet were largely invisible from the Chancellor's speech. The government must do better for women, because right now they're failing.
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Economy
By Policy@Manchester
The Levelling-up Budget?
In our latest blog, Dr Marianne Sensier, from the Alliance Manchester Business School, responds to the Budget.
Government Accused Of Masking Long-Term Cuts And £50bn Tax Hike With Short-Term Covid Spending In Budget
Coronavirus
Government Accused Of Masking Long-Term Cuts And £50bn Tax Hike With Short-Term Covid Spending In Budget
A leading economic think tank has said Rishi Sunak’s spending plans “don’t look deliverable, at least not without considerable pain”, in a damning criticism of his Budget forecasts.
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Economy
By OFTEC
We mustn’t let this pandemic halt progress on creating a greener economy, says OFTEC
With all the damage Covid-19 has done, let’s not let it put our decarbonisation goals at risk as well.
The insurance and personal finance professions welcome the Chancellor’s plan for jobs Partner content
Economy
By Chartered Insurance Institute
The insurance and personal finance professions welcome the Chancellor’s plan for jobs
Greater incentives for apprentices and employers will result in more individuals being able to access the insurance and personal finance professions, which are keen to attract fresh and diverse talent.
The advertising industry lies at the heart of a successful recovery. Here’s why Partner content
Economy
By Advertising Association
The advertising industry lies at the heart of a successful recovery. Here’s why
In the Budget, the Chancellor’s recognised the creative industries as a key contributor to economic recovery. Advertising is committed to upskilling talent and maximising the potential of the growth in digital.
Rishi Sunak Accused Of Not Being As Honest As He Claims On Tax Hike Plans To Fix Post-Covid Economy
Coronavirus
Rishi Sunak Accused Of Not Being As Honest As He Claims On Tax Hike Plans To Fix Post-Covid Economy
Rishi Sunak’s repeated claims he is being “honest” about plans to rebalance the post-Covid economy have been questioned by a leading economic think tank.
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Economy
By Building Societies Association
BSA comments on the Budget
Commenting on today’s Budget, Robin Fieth CEO of the Building Societies Association said: