Corporation tax will still rise to 25% in latest U-turn.
PM scraps corporation tax decision
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Government Announcements
Autumn Budget brought forward to 31 October
An OBR forecast will be published alongside the budget.
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.
Bank of England raises interest rates to 2.25%
The Bank says it won’t hesitate to raise interest further.
Total tax take soars to £310.9bn
Income tax and inheritance tax see the most significant increases.
Chancellor announces biggest tax cut in 50 years
Income tax, National Insurance and corporation tax rates are being slashed.
Energy bill relief for businesses announced
Wholesale energy prices cut to protect businesses.
Chancellor expected to announce low-tax investment zones
Low taxes to be introduced in up to twelve areas.
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