Autumn Budget 2018
The Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, will deliver his 2018 Budget on Monday 29 October.
Scheduled earlier than widely expected, the first Monday Budget in 52 years will be delivered exactly 5 months before the UK is scheduled to leave the EU, and before a Brexit deal has been negotiated.
The Chancellor said that he will be ‘maintaining enough fiscal firepower’ to support the economy should the UK leave without a deal. He’s also warned that tax rises should be expected to fund the £20bn cash injection for the NHS. At the same time, the Prime Minister has talked about an 'unequivocally pro-business UK' post Brexit, and promised that the UK will be a country of 'low tax and smart regulation'.
How will the Budget balance commitments to social care and promote business? Will we see significant fiscal changes with the imminent Brexit legislation? How will the news impact businesses, employers and investors?
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