Budgeting is one of those terms that can either get you excited for the future, or sound like a drain on your time. We believe every business, no matter how small, should have at least a 12 month budget to support their business plan.
As predicted the Chancellor announced a number of packages to try and kick start the economy in his Summer Statement today (8 July 2020). Here we summarise the key points. As always the devil will be in the detail and this is expected to emerge over the next few days.
Rishi Sunak received a “hospital pass” when he was appointed Chancellor and was required to deliver the first Budget in nearly 18 months within a month of his appointment.
With the new Government's first budget due in just under a month (11 March), there has been speculation as to what the Chancellor Rishi Sunak may announce.
Keeping you up-to-date on the Chancellor’s Autumn Budget announcements.
“BUILDING A BRITAIN FIT FOR THE FUTURE”
This was the main theme of the Chancellor Phillip Hammond’s second budget as he committed to spending more on infrastructure projects and stimulating the housing market. He had to put on a good performance to keep his job after criticism following the Spring Budget.