The OBR will set out a full forecast alongside the plan.
Medium-term financial plan scheduled for November
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Government Announcements
Bank of England raises interest rates to 2.25%
The Bank says it won’t hesitate to raise interest further.
Total tax take soars to £310.9bn
Income tax and inheritance tax see the most significant increases.
Chancellor announces biggest tax cut in 50 years
Income tax, National Insurance and corporation tax rates are being slashed.
Energy bill relief for businesses announced
Wholesale energy prices cut to protect businesses.
Chancellor expected to announce low-tax investment zones
Low taxes to be introduced in up to twelve areas.
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