The Chancellor announced billions of pounds in extra taxes and borrowing to fund a huge investment programme in transport and other infrastructure projects and to improve some public services such as the NHS.
Here are the main key points:
* Ms Reeves announced £40 billion of tax rises.
* On the NHS, the Chancellor announced at a £22.6 billion increase in the day to-day health budget, and a £3.1 billion increase in the capital budget over this year and next year.
* She will also borrow more than £32 billion extra over the next five years.
Business
* National Insurance on employers will rise by 1.2 per cent to 15% as part of a £25 billion tax raid on firms through this levy. The Secondary Threshold, the level at which employers start paying national insurance on each employee’s salary, will be reduced from £9,100 per year to £5,000.
A recent ruling by a U.S. federal judge that found Google had illegally leveraged its dominance in the online advertising market is set to reverberate beyond American borders, placing new pressure on
While 2023 was a slowdown year for the sustainable bond market worldwide, the Asean+3 region (the 10 Association of Southeast Asian Nations plus China, Japan and South Korea) slowed down less than most.
According to a Feb. 19 article from Nikkei Asia, Zann Kwan, the managing partner and chief investment officer at Revo Digital Family Office, has highlighted a growing trend among family offices in crypto.
The European Commission outlined plans on Wednesday to limit how much multinational companies can reduce taxes on their European earnings through the use of creative accounting. The Commission, set