Key takeaways from the Autumn Statement 2022

From tax increases to tighter public spending, Chancellor Jeremy Hunt has unveiled his plan for the UK to “weather the economic storm” in his Autumn Statement. The chancellor outlined the government’s medium term fiscal plan to put public spending on a sustainable footing, get debt falling and restore stability. He began by acknowledging that the […]

Which mini-budget tax cuts have been reversed?

Having been appointed as chancellor last week following Kwasi Kwarteng’s resignation, Jeremy Hunt has dismantled many of the policies announced in the former chancellor’s September mini budget in a major U-turn for Liz Truss’s government. The new chancellor, who brought forward his fiscal statement by two weeks in a bid to stabilise financial markets, made […]

Mini budget 2022: the chancellor unveils plan for growth

From income tax to stamp duty and national insurance, Kwasi Kwarteng’s first announcement as chancellor proved to be far from the ‘mini’ budget that had been expected. Clayton & Brewill provides an overview of the mini budget 2022 and what it means for businesses. UPDATE 17th October 2022: please read our update to this article […]