Chancellor Jeremy Hunt gave his budget announcement to parliament today (17 November), as he officially announced the UK is in the midst of a recession.
Chancellor Jeremy Hunt will make his first budget announcement on 17 November. Here's what to expect and how it might effect HR.
The government's decision to repeal IR35 reforms has been hailed a victory for independent contractors.
Chancellor Kwasi Kwarteng announced the government's mini-budget in the House of Commons today (23 September), which included tax cuts and support for rising energy bills.
Chancellor Kwasi Kwarteng is due to announce a mini emergency budget tomorrow (23 September) as the new government makes its first attempt to address the UK's cost of living crisis.
Inflation may rise as high as 5% next year, the Institute for Fiscal Studies (IFS) has warned, putting a squeeze on living standards for many employees.
Chancellor Rishi Sunak has pledged to address the UK's economic vulnerabilities through a mixed programme of heavy investment and increased taxation.