Get Started With Our Free Course: Essential Financial Modelling

An Update on the UK Mini-budget

UKMiniBudgetUpdate

The new UK Chancellor, Jeremy Hunt, delivered a fiscal statement on October 17th 2022, in a bid to reassure the markets and bring a degree of financial stability after Kwasi Kwarteng, the then Chancellor’s Mini-budget of September 23rd 2022 caused a period of economic turmoil for the UK. The Medium-Term Fiscal Plan is still scheduled […]

The UK Mini-budget

TheUKMiniBudget

The UK Chancellor of the Exchequer, Kwasi Kwarteng, delivered his Mini-budget on 23 September 2022. The full suite of documents can be found here. The proposed tax measures of particular interest to companies involved in the project finance arena are discussed below. Corporation tax rate rise scrapped ‘The planned increase of the main corporation tax rate […]