< 1 minute to read In a bid to reassure markets and restore stability, the new Chancellor Jeremy Hunt has reversed the majority of tax cutting measures announced by his predecessor, Kwasi Kwarteng. Mr Hunt has promised further details of his ‘Medium-Term Fiscal Plan’ on 31 October 2022, alongside a forecast from the Office of Budget Responsibility. After a particularly …
Continue reading "Reversal of Emergency Budget Oct 22"
< 1 minute to read Newby Castleman are deeply saddened to announce that Mike Castleman passed away on 18 September 2022. The partners with Mike’s capable team will continue to provide support to clients.
3 minutes to read The Chancellor’s speech may have been billed as a “mini budget” but there was nothing diminutive about the package of changes Kwasi Kwarteng announced on 23 September. The Chancellor’s overall aim is to achieve a trend rate of growth in the UK of 2.5% per annum, and in a change from recent fiscal policy, the …
Continue reading "Mini Budget / The Growth Plan"