The Chancellor, Philip Hammond, presented his first Spring Statement on 13th March 2019. Whilst he vowed to free up more money to help end austerity in a “deal dividend”, he warned that tax cuts and spending increases are dependant on a smooth Brexit.
Here is a summary of some of the key points discussed.
The Chancellor also confirmed that the government will hold a Spending Review which will conclude alongside the Budget. However, many of the future outcomes will be dependent on when, or if, Theresa May secures a good deal for Brexit.
Articles on this website are offered only for general informational and educational purposes. They are not offered as, and do not constitute, financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional.
You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.
Retirement can seem a long way off when you are fresh out of university or embarking on the first steps of an exciting new career. Phrases such as YOLO (You Only Live Once) are also encouraging us to live for today rather than plan for tomorrow. So, what does this behaviour mean for the future of today’s millennials?
We all want to live a long and fulfilled life, and that includes being able to enjoy our retirement years to the full. However, as we all begin to live longer, concerns have been raised over the Government’s ability to fund the futures of our ageing population.
Recent Office for National Statistics (ONS) analysis reveals the financial situation and personal wellbeing of those living alone.