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The government has today, Friday 14 October, announced that Corporation Tax will increase to 25% from April 2023 as already legislated for, raising around £18 billion a year and acting as a down payment on its full Medium-Te…
First published during the 2022 Truss Conservative government
The Financial Secretary to the Treasury has written to the Treasury Select Committee to confirm Ashley Alder’s start date as Chair of the FCA.
James Bowler has been appointed as the new Permanent Secretary to the Treasury.
The Chancellor has commissioned the OBR’s forecast for 31 October, and will publish the Medium-Term Fiscal Plan on the same date.
'Dear Accounting Officer' letters provide advice on accountability, regularity, propriety, value for money and annual accounting exercises.
UK Government Investments: Andrew Ballheimer, Kalpana Desair and Mahnaz Safa appointed to the Board of UK Government Investments as Non-Executive Directors.
The Chancellor confirmed an update to plans for the Additional Rate tax on the morning of 3 October 2022.
This morning (30 September) Prime Minister Liz Truss and Chancellor Kwasi Kwarteng met with OBR officials, including the Chair Richard Hughes.
The Exchequer Secretary, today (29 September), visited Leicester’s Pioneer Park to see how £19.4 million of Government investment will support the city’s space and satellite technology sectors.
The Chancellor unveils his Growth Plan to release the potential of the UK economy, tackle inflation and deliver higher productivity and wages.
HM Treasury responds to the Bank of England’s intervention to support financial stability
An update on next steps following the Growth Plan which the Chancellor set out on 23 September.
An update providing further details on the Energy Markets Financing Scheme.
The Growth Plan 2022 speech as delivered by Chancellor Kwasi Kwarteng.
The Chancellor today (Friday 23 September) unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs and inflation and delivering higher productivity and wages.
Wide ranging reforms designed to bear down on kleptocrats, organised criminals and terrorists abusing the UK’s open economy have been introduced into Parliament.
The 1.25 percentage point rise in National Insurance will be reversed from 6 November, the Chancellor Kwasi Kwarteng has announced today (22 September).
Unwinding the Asset Purchase Facility, September 2022
CPI inflation was 10.1% in July 2022, prompting an open letter from the Governor of the Bank of England to the Chancellor on 22 September 2022. The Chancellor replied to the Governor on 22 September 2022.
Support for households, businesses and public sector organisations facing rising energy bills has been unveiled.
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