After introducing an additional Pounds 2bn of public health spending for next year, the chancellor announced the first conclusions of a review into NHS funding carried out by Derek Wanless, former CEO of Natwest.
The Wanless report concluded that a health service, publicly funded by taxation was still the most appropriate and efficient mechanism for delivering healthcare in the UK.
But the chancellor said the service would need ‘significantly greater capacity and significantly more long-term investment’ if it was to meet the long term needs of the country.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals