Spring Budget

The Chancellor of the Exchequer, Rt Hon Jeremy Hunt MP, presented his Spring Budget to Parliament on 15 March.

The Chancellor confirmed:

30 hours free childcare for children over the age of nine months, alongside boosts to subsidised childcare for parents on Universal Credit including upfront support.

Measures to ease cost-of-living burden will help more than halve inflation, with extension of Energy Price Guarantee and frozen duties on fuel and a pub pint.

A £27 billion tax cut for business.

Reforms to support people into work, removing barriers that stop those on benefits, older workers, and those with health conditions who want to work from working.

Over £60m of funding targeted to address cost pressures facing some public swimming pool providers.

Further information: https://www.gov.uk/government/news/chancellor-unveils-a-budget-for-growth