Business news
Government abandons scrapping of additional tax rate
Top earners will still pay the 45p rate, says chancellor.
GDP estimated to have risen by 0.2%
The ONS initially estimated a 0.1% fall.
Bank of England steps in to protect the economy
The Bank will purchase Government bonds in an effort to stabilise markets.
Medium-term financial plan scheduled for November
The OBR will set out a full forecast alongside the plan.
Government reveals energy support package
Price cap introduced for businesses from 1 October 2022.
Chancellor announces higher earner tax breaks
Both the additional tax rate and dividends tax rates are being slashed.
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