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Bloomberg — Economy — Uk Economic Growth — Economics — Investment — Taxation

Hunt Pledges to Unblock Investment In UK Budget

Chancellor Hunt to deliver first UK budget for growth, pledging to unblock business investment, tackle inactivity problem and alleviate cost-of-living crisis.

1 min read
  • Chancellor Hunt to unblock business investment in first budget for growth.
  • High inflation, weak growth and cost-of-living crisis present challenges.
  • Budget likely to include measures to tackle inactivity problem and public sector strikes.
  • Energy price guarantee extended, fuel duty expected to be frozen.
  • Corporation tax to rise from 19% to 25% in April, investment zones to be established.
Hunt Pledges to Unblock Investment In UK Budget
UK Chancellor of the Exchequer Jeremy Hunt will pledge to drive economic growth by unblocking business investment in his first budget on Wednesday, in which he will set out tax-and-spend policies for the last full year before the next election.
BloombergPhilip Aldrick

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