The 10 key announcement's from Jeremy Hunt's Spring Budget including childcare changes
manchestereveningnews.co.ukThe Chancellor delivered his Spring Budget today, announcing a wave of major economic and financial changes for households all across the country.
Jeremy Hunt highlighted that the focus of this Budget was to bring in growth measures and help reignite the economy while encouraging people to re-enter the workforce following the effects of the Covid-19 pandemic.
For most of the public, it means a wide range of new support packages and money changes that could affect you, especially if you receive any kind of benefits or depend on the Energy Price Guarantee. Read more: Energy price guarantee to be extended at £2,500 - what the change means for you Introducing his fiscal statement and discussing the growth it will bring, Mr Hunt said: "I deliver that today by removing obstacles that stop businesses investing; by tackling labour shortages that stop them recruiting; by breaking down barriers that stop people working; and by harnessing British ingenuity to make us a science and technology superpower.” He also claimed the UK would not now enter a recession.
He said: “Let’s turn now to what the OBR say about our growth prospects. In November, they expected that the UK economy would enter recession in 2022 and contract by 1.4% in 2023.
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