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UK’s Hunt Says OBR Forecasts Show:- 2023 GDP Growth of -0.2% (Nov Forecast -1.4%)- 2024 GDP Growth of 1.8% (Nov Forecast 1.3%)
UK’s Hunt Says OBR Forecasts Show:
— *seven (@sevenloI) March 15, 2023
- 2023 GDP Growth of -0.2% (Nov Forecast -1.4%)
- 2024 GDP Growth of 1.8% (Nov Forecast 1.3%)
- 2025 GDP Growth of 2.5% (Nov Forecast 2.6%)
- 2026 GDP Growth of 2.1% (Nov Forecast 2.7%)
- 2027 GDP Growth of 1.9% (Nov Forecast 2.2%)
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MORE UK'S HUNT: OBR SEES UNEMPLOYMENT PEAKING AT 4.4% (VS 3.7% NOV-JAN 2023)#ukeconomy #ukbudget #fiscalpolicy #jeremyhunt
— Mace News (@MaceNewsMacro) March 15, 2023
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MORE UK'S HUNT: EXPRESSES 'STEADFAST SUPPORT' FOR THE BANK OF ENGLAND #ukeconomy #ukbudget #fiscalpolicy #jeremyhunt
— Mace News (@MaceNewsMacro) March 15, 2023
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Jeremy Hunt confirms that companies will be able to offset 100% of investment equipment, plants and machinery in the UK against taxable profits
— Steven Swinford (@Steven_Swinford) March 15, 2023
He says that it is the most generous capital allowance scheme of any advanced economy and will cost £9billion a year
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UK will designate nuclear power as "sustainable" in its green taxonomy following the same path as the EU's green rule book
— Mehreen Khan (@MehreenKhn) March 15, 2023