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The plan would be achieved by matching the income tax allowance for pensioners to the level of the new state pension. The party said the policy would amount to a tax cut of around £100 for eight ...
e. The UK Covid-19 Inquiry is an ongoing, independent public inquiry into the United Kingdom 's response to, and the impact of, the COVID-19 pandemic, and to learn lessons for the future. Public hearings began in June 2023. Boris Johnson announced the inquiry in May 2021, to start in Spring 2022. In December 2021, Heather Hallett was announced ...
The 2024 United Kingdom general election is scheduled to be held on Thursday, 4 July 2024. [1] It will determine the composition of the House of Commons, which determines the Government of the United Kingdom. Significant constituency boundary changes will be in effect, the first such changes since before the 2010 general election.
The UK government's response to the pandemic, in particular the timeliness of public health measures being introduced and lifted, has faced criticism from academic medical sources, media outlets, relatives of COVID-19 patients and various political figures. This criticism continued amid the Partygate scandal, as multiple government officials ...
t. e. On 23 September 2022, the Chancellor of the Exchequer, Kwasi Kwarteng, delivered a Ministerial Statement entitled " The Growth Plan " to the House of Commons. [1] [2] Widely referred to in the media as a mini-budget (not being an official budget statement), it contained a set of economic policies and tax cuts such as bringing forward the ...
The UK government announces a scheme that will freeze wholesale gas and electricity prices for businesses for six months from 1 October. 22 September – The UK government reverses the ban on fracking in the UK. **UK interest rates rise from 1.75 to 2.25%, the biggest increase in 27 years, as the Bank of England attempts to curb inflation.
The statement. Hunt presenting the budget to the House, on the 6 March 2024. During his statement, Hunt confirmed that the Office for Budget Responsibility had predicted UK economy would grow by 0.8% in 2024 and 1.9% in 2025. Economic growth was forecast to be 2% for 2026, 1.8% for 2027 and 1.7% for 2028, while the UK's rate of inflation was ...
The UK's rate of inflation was predicted to fall to 2.9% by the end of 2023, down from 10.7% in the final three months of 2022, while underlying debt was forecast to be 92.4% of GDP in 2023, rising to 93.7% in 2024. Government borrowing for 2022–23 was forecast to be £152bn. Key points