Posted on: 18/03/2019
A growing economy; thriving labour market; inflation on target and a solid foundation on which to build Britain’s future, the Chancellor, Phillip Hammond said last week (13th March 2019) in his Spring Statement. We have summarised the key points affecting businesses across Britain.
Tech and the new economy
Budget 2018 included significant additional support for cutting-edge science and technologies that will transform the economy, create highly skilled jobs, and boost living standards across the UK. In the Spring Statement the Chancellor:
Education and skills
There will be a full spending review later this year. The government has announced the Budget will set out its plan to build a stronger, more prosperous economy, building on the Spring Statement and last year’s Budget.