ACCA Guide to Spring Budget 2023

A simple guide to the Spring Budget 2023

The headline message from the Chancellor

The Chancellor highlighted that “In the autumn we took difficult decisions to deliver stability and sound money… Today, we deliver the next part of our plan. A budget for growth… long-term, sustainable, healthy growth that pays for our NHS and schools, finds jobs for young people, and provides a safety net for older people all whilst making our country one of the most prosperous in the world.”

He concluded his speech stating that “We tackle the two biggest barriers that stop businesses growing: investment incentives and labour supply. The best investment incentives in Europe. The biggest ever employment package… The declinists are wrong, and the optimists are right. We stick to the plan because the plan is working.”