Chancellor Jeremy Hunt has confirmed fresh help with household energy costs, childcare, and small business investments in his spring Budget, but did not give any business rate relief or assistance for businesses struggling with inflation pressures.
Chancellor Jeremy Hunt is preparing next month's Budget (Credit: @Jeremy_Huny / Twitter / gov.uk)
Hunt told the Commons the UK would see inflation tumble but avoid technical recession this year, but admitted the economy would still contract.
In his previous autumn statement, the chancellor opted to extend business rates relief to 75% for eligible businesses. This helped the high street, but not those without retail premises – something Abta had hoped for from Hunt this time.
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