‘More spending must require more tax’

New Chancellor Rishi Sunak must raise taxes in his first Budget if the Government is to stick to its own borrowing rules. The Institute for Fiscal Studies (IFS) warned that "radical changes to taxes" are needed to increase funding for the NHS and social care. However,...

Spring Budget to go ahead as planned

The Government will stick to the date of Spring Budget 2020, quashing speculation it may be delayed. Chancellor Rishi Sunak took to Twitter to confirm Spring Budget 2020 will be held after Prime Minister's Questions on 11 March. Sunak tweeted: "Cracking on with...

‘Spring Budget could be delayed’

Speculation is mounting that next month's Spring Budget may be postponed, following Sajid Javid's resignation as chancellor. Spring Budget 2020 is set to take place after Prime Minister's Questions on the afternoon of 11 March. But the fiscal event was thrown into...

Javid sensationally quits as chancellor

Sajid Javid stunned parliament yesterday by resigning as chancellor, less than a month before the Spring Budget. Javid had been expected to continue in his role as chancellor as Prime Minister Boris Johnson conducted a cabinet reshuffle. But the former chancellor quit...

Directors call for Budget to unleash entrepreneurism

Chancellor Sajid Javid needs to prioritise investing in startups and scaleups in his Spring Budget next month, influential business leaders have said. The call comes from the Institute of Directors (IoD) ahead of the first fiscal announcement of the year on 11 March...