New Chancellor Rishi Sunak is due to deliver his first Budget at just after 12.30 pm today in the House of Commons.
Chancellor Rishi Sunak began his Budget today outlining a £30bn package to help business get through the Coronavirus crisis.
Chancellor Rishi Sunak has scrapped a planned and long-awaited 2% cut in Corporation Tax to 17%.
This is the full text of Chancellor Rishi Sunak's first Budget speech delivered today in the House of Commons:
The Junior ISA and Child Trust Fund allowances will be increased from £4,368 to £9,000 from April in a move to help more young people save.
The Government is launching a consultation which could see the Financial Services Compensation Scheme and the Financial Ombudsman Service extended to all Gibraltar financial firms selling to UK consumers and businesses.
Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.
Chancellor Rishi Sunak is to revamp the pension taper rules which have deterred some high earners in the NHS from working extra hours.
Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief but cut it from £10m to £1m.
Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.