- Unlikely existing tax increases will be cancelled
- Positive news could come via energy bills support
- Big issues to fix in the job market
- Muddle macro situation will not give Chancellor much leeway
On Wednesday 15 March, Jeremy Hunt will unveil his first Spring Budget, which comes on the back of higher interest rates, the tax rises announced last year and a wave of strike action across all areas of public services.
Taxpayers should not expect significant giveaways associated with the politically charged budgets of the recent past, even though public finances are in better shape than first thought. That said, updates on energy support and plans to get retirees back to work will likely be on the agenda.