The independent forecasters, the Office for Budget Responsibility (OBR) has said the UK will now not enter a technical recession.
“They forecast we will meet the prime minister’s priorities to halve inflation, reduce debt and get the economy growing. We are following the plan and the plan is working. But that’s not all we’ve done.”
- Jeremy Hunt, 2023
In the Spring 2023 budget Chancellor Jeremy Hunt announced the planned updates the Government has set to support the UK over the next 12 months.
Hintel (deverellsmith’s recruitment outsourcing sister company) has curated a resource pack which highlights any key changes impacting employment, property and more.