The Chancellor played it safe with his ‘steady as it goes’ approach.
The Budget of 8 March 2017 was announced late last year to be the last Spring Budget, with the future spring announcement focusing on the Office of Budget Responsibility forecasts and the launching pad for tax consultations. This Budget was the first step to this new approach, with few tax announcements, but with the promise of consultations to come. To that end, Chancellor Philip Hammond delivered what people had expected – a Budget of few surprises and changes to provide a “strong, stable platform for Brexit”, while retaining future flexibility to support the economy over the uncertainties of the next few years.
To read our full Budget 2017 coverage, please visit our dedicated webpage. We’ve also covered what the Budget means for multinationals, businesses, employers and individuals, as well as our handy On a Page summary to get up to speed quickly on the key announcements. You can also listen to our webinar recording.
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