Tag: Jeremy Hunt
The 3 Big changes in the Spring Budget
On Wednesday the 6th of March, Jeremy Hunt announced in Parliament what the Spring Budget will contain. This is expected to be the final budget ahead of an expected summer general election. Taxation The National Insurance tax will be reduced by 2%, on top of the 1% cut in the Autumn statement, for both employees…
UK Chancellor To Sell Large NatWest Stake: Throwback to 2008 Financial Crisis
According to the Guardian on Wednesday 28th February, UK Chancellor of Exchequer Jeremy Hunt announced that he would look to sell the remaining 39% of the government’s stake in NatWest. During the 2008 financial crisis, the government gave a bailout to many banks by buying a substantial proportion of their stock. This was necessary to…