Spring Budget Summary 2024
The Chancellor Jeremy Hunt delivered his 'Budget for Long Term Growth' on Wednesday 6 March 2024. His speech promised 'more investment, more jobs, better public services and lower taxes', together with tax breaks designed to boost the country’s film industry. The package promises more than £1 billion in additional tax reliefs to creative industries over the next five years. Theatre, orchestras and museums were also singled out with extended rates of tax reliefs and the National Theatre received £26m for infrastructure upgrades. The Chancellor announced a further two per cent…