Bank of England steps in to protect the economy

The Bank will purchase Government bonds in an effort to stabilise markets.

Medium-term financial plan scheduled for November

The OBR will set out a full forecast alongside the plan.

Government reveals energy support package

Price cap introduced for businesses from 1 October 2022.

Chancellor announces higher earner tax breaks

Both the additional tax rate and dividends tax rates are being slashed.

Bank of England raises interest rates to 2.25%

The Bank says it won’t hesitate to raise interest further.

Total tax take soars to £310.9bn

Income tax and inheritance tax see the most significant increases.

Chancellor announces biggest tax cut in 50 years

Income tax, National Insurance and corporation tax rates are being slashed.

HMRC delays PAYE direct debit service

The service will now launch in October.

Energy bill relief for businesses announced

Wholesale energy prices cut to protect businesses.

Chancellor expected to announce low-tax investment zones

Low taxes to be introduced in up to twelve areas.

Mini budget expected for next Friday

Chancellor expected to deliver on tax cuts.

Inflation falls to 9.9%

Dip in fuel prices slightly eases inflation.

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