As part of today’s Fiscal Statement, the Chancellor has made the following announcements which will be of particular interest to this committee. Energy prices The Energy Bill Relief Scheme for non-domestic users will be a temporary six-month scheme to provide a discount on wholesale gas and electricity prices for businesses, charities, and
As part of today’s publication of the Growth Plan 2022, the Chancellor has made the following announcements which will be of particular interest to the Committees. Corporation Tax The Government has committed to cancel the increase in the main rate of Corporation Tax to 25% that was due to take
As part of today’s Fiscal Statement, the Chancellor has made the following announcements which will be of particular interest to these committees. Employability and Universal Credit The Administrative Earnings Threshold will be increased to 15 hours a week at National Living Wage from an individual claimant from January 2023. This
As part of today’s Fiscal Statement, the Chancellor has made the following announcements which will be of particular interest to these committees. Investment Zones A factsheet on the Investment Zones is attached. The Government is in discussion with 38 Upper Tier Local Authorities and Mayoral Combined Authorities in England to set up
New Prime Minister’s Speech and New Ministerial Appointments Earlier this evening, Liz Truss delivered her first speech to the nation as Prime Minister. She set out her three early priorities: Growing the Economy: Ms Truss said that she will focus on “getting Britain working again” with a “bold plan
Following Queen’s Speech, the Government has now published the Procurement Bill. Next Steps The Bill is expected to take several months to complete its passage through Parliament. You can monitor its progress here. Following Royal Assent, there will then need to be secondary legislation made to bring some elements of the Bill and
Key Points Below is a link to the Government’s background briefing on new Bills and other measures announced today as part of the Queen’s Speech. It includes 38 bills and outlines the legislative programme for the third parliamentary session 2022-23. Click here to read the briefing note. It is divided into four sections and
NHS England have produced guidance for NHS procurement teams on net zero and social value. As of 1st April, the NHS adopted the Government’s Social Value Model (PPN 06/20) in the award of NHS contracts. All organisations involved in NHS procurement are now required to adopt and apply PPN 06/20 to
Key Points As part of today’s Spring Statement, the Chancellor has made the following announcements. The full documents can be found here. A summary can be read here. The Business Support Factsheet can be found here. Economy Initial Office for Budget Responsibility forecast: economy will grow by 3.8 per cent this year. Projections
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