Nine key takeaways from the Spring Budget 2024
The launch of a British ISA, pensions to disclose UK equity allocation and a 2% national insurance cut
The launch of a British ISA, pensions to disclose UK equity allocation and a 2% national insurance cut
The government is doubling down on their nuclear power strategy
‘Double-whammy’ of cuts will lower the main NI rate from 12% to 8%, but could ultimately see UK workers unknowingly pay more
Additional £5,000 top up also announced in spring budget.
Government will sell some of its stake in the bank to the public ‘at the earliest opportunity’
In a bid to ‘encourage second homeowners to sell their properties’
Change estimated to bring in £2.7bn each year
Also extends business rate support in measures targeted at SMEs
Net debt for the 2024-25 financial year will stand at 91.7% of GDP – ten basis points higher than expected
Industry commentators reveal their priorities ahead of the 2024 Spring Budget