Spring Budget 24: Chancellor unveils long-term UK growth plan

Includes British ISA launch and further NI cut

clock • 1 min read

Chancellor Jeremy Hunt has introduced a set of measures to boost UK long-term growth in his Spring Budget, delivered in parliament today (6 March).

The actions unveiled in the chancellor's ‘Budget for Long-term Growth' included the introduction of a Great British ISA, abolishing ‘non-dom' taxes, cutting National Insurance, expanding full expensing to leased assets, maintaining the pension triple lock and extending the fuel and alcohol duty freezes. In his speech, the chancellor said progress has been made on the government's aims from the Spring Budget 2023 to reduce inflation and debt, and the economy is "beginning to turn a corner" so the focus can shift to growth through tax cuts. He also acknowledged the "unprecedented shocks...

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