News article
The Mini Budget – What it Means for Businesses
23/09/2022
The Chancellor has announced the newly-formed Government’s initial borrowing and spending plans in his first fiscal statement.
The Chancellor of the Exchequer, Kwasi Kwarteng, has delivered his Mini Budget statement to Parliament, outlining the Government’s new Growth Plan, designed to boost the UK’s stalling economy. The statement comes in the midst of a cost of living crisis and follows a warning from the Bank of England that the country may already be in recession.