Spring Budget 2023: Summary and Key Announcements

The UK economy has managed to dodge a recession narrowly, says Chancellor of the Exchequer Jeremy Hunt. What does this mean for businesses, and what were the critical budget takeaways from the announcements? His ‘back to work’ budget on 15 March 2023 included policies directed at getting people back into the UK labour market.

Key changes were also announced in relation to childcare, pensions and companies about to experience an increase in their tax rates, were provided with some relief. We summarise some of the most important announcements and future proposals in our Budget Summary, which you can download here.

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