The new Chancellor Jeremy Hunt has made a statement to the House of Commons to add some detail to the announcements made last Friday and earlier on in the day. As more details of the announcements become available, we will update our Mini Budget resource on the website.
The main points of the emergency statement are:
Points in the mini budget to be retained are:
Changes from the mini-budget include:
The Chancellor has said he will on 31st October publish new fiscal rules for the government alongside forecasts from the Office of Budget Responsibility and further measures.
We are here to help, so if you have any queries or wish to discuss any of the above, then please contact us.