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OBR detailed likelihood of recession and gaping hole in public finances prior to then-chancellor launching unfunded tax cuts
Proposals follow April’s axing of lifetime allowance
Short-term solutions will exacerbate challenges at departmental spending settlement after next election
Chancellor tells the FT in an interview that companies have ‘moral’ duty to hold down prices
Number of higher-rate taxpayers set to surge to 5.6mn
£1.2bn raised in April and May alone
The chancellor’s fiscal rules give him room for pledges that please the Conservative backbenches but there’s a big caveat
Support for the plan is vital if we are to fix our culture and deliver for the business community
Gilt yields rise after string of stronger than expected inflation data
Ben Wallace urges firm timetable for increasing military spending to 2.5% of GDP
Millions, billions, trillions — the human brain isn’t wired to comprehend information on a large scale
George Osborne tells Lords committee UK monetary policy set-up relies on actors ‘making it work’
HMRC boosted the total tax take by 9.9 per cent in 2022-23
Lifetime allowance limits set to be scrapped from April 6
We badly need to overcome the barriers between government, philanthropy and the not-for-profit sector
Changing tax rules and the collapse of SVB have made this a stressful week for venture capital trust fund managers
FT Money’s analysis of chancellor Jeremy Hunt’s surprise Budget announcement
Proposals would have removed what some see as an unfair advantage over other institutional investors
Experts say public finances could be in a worse shape than figures contained in the Budget
Continuing to muddle through, massage the figures and implement bad policies will only make the problems worse
IFS analysis shows chancellor’s policy package will have a high price tag for relatively limited gains
New lender set to miss annual £1.5bn target, independent fiscal watchdog finds
Opposition party accuses chancellor of having the wrong priorities amid the cost of living crisis
Plus, what was Keir Starmer doing in PMQs?
Chancellor gives more power to England’s regions after local leaders make case for devolution as route to higher growth
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