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Tax burden rises following Autumn Statement
5th December 2022
The UK's tax burden will rise after Chancellor Jeremy Hunt reduced the threshold on the top rate of tax and announced freezes on other taxes in the Autumn Statement.
CBI praises Chancellor for 'delivering stability' in Autumn Statement
5th December 2022
The Confederation of British Industry (CBI) praised Chancellor Jeremy Hunt for 'delivering stability and protecting the most vulnerable' in the Autumn Statement.
IFS warns of fall in household incomes
5th December 2022
The Institute for Fiscal Studies (IFS) has warned that household incomes will see their biggest drop in generations following the Autumn Statement.
OECD warns UK on course for biggest economic downturn
5th December 2022
The UK economy is to suffer the biggest hit of all the G7 nations next year, according to a report from the Organisation for Economic Cooperation and Development (OECD).
Auto-enrolment has helped workers save £114 billion into pensions
5th December 2022
Workers have saved more than £114 billion into their pension pots since pensions automatic enrolment was implemented ten years ago.