#tax-uncertainty

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fromBusiness Matters
2 weeks ago

Rachel Reeves sets early March date for spring statement as OBR prepares forecast

Rachel Reeves has confirmed that she will deliver an early spring statement on 3 March, as the Treasury moves to restore confidence after a year in which prolonged tax speculation was blamed by businesses for weakening the UK economy. In announcing the date, the Treasury said the chancellor had formally asked the Office for Budget Responsibility to prepare updated forecasts for the economy and the public finances.
UK politics
UK politics
fromBusiness Matters
1 month ago

Jobs growth collapses ahead of budget as businesses cut staff at fastest rate since the pandemic

Private-sector employment fell sharply and hiring plans contracted as pre-budget tax speculation and new tax measures chilled UK investment and the labour market.
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