Business news
Red tape cut for thousands of businesses
Up to 40,000 more businesses to be exempt from future regulations.
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.
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